Vontobel Asset Management has strengthened its multi-asset capabilities with the appointment of Frank Häusler as its new head of macroeconomic and cross-asset research.

Häusler most recently worked as the CIO and partner at Marcuard Family Office. He has an experience of over 15 years in the investment industry.

Vontobel Asset Management multi asset boutique head and chief strategist Christophe Bernard said: “The strengthening of the team with the expertise of Frank Häusler is a further important step in the expansion of our multi-asset capabilities.

“The continuous development of our forecasting and investment models is very important to remain a leading provider of multi-asset investment solutions and to offer added value to our clients.”

Based in Zurich, Vontobel provides wealth management, active asset management and investment solutions to its clients.

The firm employs more than 1,700 staff across 19 offices worldwide. It managed around CHF247bn in assets at the end of December 2017.

Earlier this month, Vontobel completed the acquisition of private banking company Notenstein La Roche Privatbank from Raiffeisen Switzerland. The deal was valued at CHF700m.