Global institutional funds manager, IFM Investors, has launched its Swiss operations in Zurich and appointed asset management veteran, Anna Dermamels, to head the move and lead business development efforts.
With close to 500 million Swiss franks invested by public and corporate pension fund investors with IFM Investors, the decision to establish a Swiss office was a demonstration of the firm’s local commitment to one of the largest existing investor markets in Europe.
Chief executive, Brett Himbury, said the firm recognised the importance of the Swiss retirement market and its increasing allocation to non-traditional assets by long-term investors.
New head of operations, Dermamels, has spent the last six years leading IFM Investors’ activities in Switzerland, and would join executive director of infrastructure, Werner Kerschl to build the local team.
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