Vontobel Asset Management exceeds $1 billion in AUM
Swiss-based investment manager Vontobel Asset Management announced this week that it had passed a milestone in Australia with assets under management exceeding $1 billion.
Announcing the milestone, Vontobel Asia Pacific executive director Juerg Fritschi said assets under management of the actively-managed Quality Growth equity investment boutique, one of Vontobel's six boutiques, currently stood at approximately $28.7 billion across all countries, with investments focusing on developed as well as emerging markets.
He said the company expected a growing demand across the region for the Global Equity fund as Australian investors continued to underweight global equities in their portfolios.
Fritschi said Vontobel Asset Management's Australian client base included industry and government superannuation funds, multi-managers and non-government organisations.
Recommended for you
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
Having peaked at more than 40 per cent growth since the first M&A bid, Insignia Financial shares have returned to earth six months later as the company awaits a final decision from CC Capital.
Private market secondaries manager Coller Capital has unveiled a new education platform to improve advisers’ and investors’ understanding of secondaries.
