Global investment manager Nuveen has opened a new office in Zurich, appointing Christian Leger as managing director and head of Switzerland in the process.
Leger will be expected to deliver Nuveen’s objective to support and grow its existing institutional client base and offering for private wealth clients across Switzerland.
Nuveen currently offers a range of solutions to Swiss clients across public and private markets, including products across the global real estate and alternatives sectors, which according to the firm, have seen heightened investor interest in recent years.
Leger joins Nuveen from Allianz Global Investors, where he was country head for Switzerland and head of European banks, having served as managing director for business development at Capital Group before this.
He is joined at Nuveen by Michele Perone, who arrives from Allianz Global Investors and will focus on the growth of its private wealth business in Switzerland.
Romina Smith, head of central Europe – global client group at Nuveen, said: “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.
“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.”
She added: “We are also extremely lucky to be able to welcome Christian to lead these efforts. Christian brings a wealth of experience, having covered Swiss clients throughout the entirety of his career.”
The office represents the 17th Nuveen office in Europe. The global firm is estimated to have $1trn in assets under management.
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