Nuveen opens a branch in Switzerland

A new office of the global investment manager Nuveen has been established in Zurich, and Christian Leger has been appointed managing director and head of Switzerland as a result.

Leger will be held accountable for achieving Nuveen's goal of supporting and expanding its institutional client base and service provision for private wealth clients throughout Switzerland.

Presently, Nuveen provides a variety of solutions to Swiss clients in both public and private markets, including products in the global real estate and alternatives sectors, which, according to the company, have recently attracted more investor interest.

Leger, formerly managing director for business development at Capital Group, joins Nuveen from Allianz Global Investors, where he served as country head for Switzerland and head of European banks.

Michele Perone, who joins Nuveen from Allianz Global Investors, will work to expand the company's private wealth business in Switzerland.

"The opening of our office in Switzerland is a significant step for Nuveen’s European expansion plans, as we focus on bolstering our services to the private wealth and institutional investment industries.," said Romina Smith, head of central Europe - global client group at Nuveen.

"A local presence is essential to our success here as Switzerland is home to some of the world’s largest private banks and global financial institutions and we see the Zürich office as key to further unlocking the wealth market in Europe."

"We are also extremely lucky to be able to welcome Christian to lead these efforts," she continued. "Christian brings a wealth of experience, having covered Swiss clients throughout the entirety of his career."

The location is the 17th Nuveen location in Europe. According to estimates, the global company is managing $1 trillion in assets.

By fLEXI tEAM