Asset manager expands Australian institutional arm

Vontobel Asset Management has announced an appointment of Andreas Faeste as the firm’s new senior institutional relationship manager to strengthen its Australian institutional arm.

In his new role, he would be responsible for expanding the company’s client reach in both Australia and New Zealand.

Faeste has more than 20 years of experience in the Australian market, in particular in fixed income and he was previously engaged by the companies such as Voya Investment Management, Perennial Investment Partners and Deutsche Asset Management through his own marketing firm.

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He also held executive management positions at ING Investment Management and IAG Asset Management.

Vontobel Asset Management’s head of sales, Australia and New Zealand, Bobby Bostic said: “Australia remains one of the fastest-growing markets with large allocations to both traditional and alternative debt strategies, where we see interesting potential for some of our prime capabilities like emerging debt, multi sector bond and asset backed securities.”

“The addition of Andreas expresses our desire to showcase our investment solutions and sends a strong signal of Vontobel’s continued commitment to the Australian market.”

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