Asset manger Capital Group has opened a new office in Zurich to expand its footprint across Europe.
The investment manager, which was originally launched in Geneva in 1968, said that the new office will play an important part in a drive to further strengthen its relationships with global, regional and local financial institutions.
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The launch of the office is in line with Capital Group’s plans to provide a base from which over 150 Capital Group associates already working in Switzerland can continue to deliver long-term, active investment services to clients across Switzerland, Europe and the world.
The group currently has offices at eight locations in Europe including London, Geneva, Zurich, Milan, Madrid, Amsterdam, Frankfurt and Luxembourg.
Capital Group portfolio manager Luis Freitas De Oliveira said: "Switzerland has been a core market for us for over half a century, and our investment in our new Zurich office underlines its continued importance for the future, and will benefit both our associates and clients."
