Fisch Asset Management grows AUM in 2016
- Fisch Asset Management has increased assets under management by €520m to €8.9bn over the last year
- Introduction of new dual leadership structure will focus on strengthening existing structures and pursuing corporate development
- Active management based on independent credit research has generated attractive corporate bond returns
- Deepended expertise through expansion of portfolio management team
Fisch Asset Management, an asset management boutique and global leader in convertible bonds, has increased its assets under management by €520m to €8.9bn over the last year.
Despite a challenging investment environment, Fisch saw considerable inflows due to attractive returns on its corporate bond funds. This was achieved through active management based on independent credit research by its subsidiary Independent Credit View. The Zurich-based boutique also attracted significant mandates for its multi-asset strategies over the course of the year.
Fisch carries this momentum into the start of 2017 with a new dual leadership structure in place as Phillip Good and Juerg Sturzenegger took over as co-CEOs of the business as of the 1st January.
Additionally, over the last twelve months Fisch further expanded the expertise of its portfolio management team with the appointment of Kyle Kloc in the high yield team, Robert Koch in multi-asset, and Filip Adamec in convertible bonds.
Commenting on the growth achieved over the last year, Phillip Good, said: “The increase in assets under management, as well as the net new money growth, indicates the healthy demand we have for our investment solutions even in difficult market conditions. The systematic expansion of our credit expertise and corporate bond strategies in recent years has been successful and we are very satisfied with this result.
“The business intends to carry this momentum into 2017 and we believe our strengthened personnel and comprehensive credit expertise, along with our clear focus on existing investment strategies put us in great shape to move forward.”
Commenting on the developments in the team structure, Pius Fisch, Chairman of Fisch Asset Management, said: “Through the appointments of Phillip Good and Juerg Sturzenegger, we have laid the foundation for the future to enable the team to continue pursuing sustainable growth as an asset management boutique.
“Aside from chasing business success, we are also focusing on upholding Fisch’s distinct culture of transparency and entrepreneurship in order to remain an appealing employer and continue to attract new talent."