Vontobel Asset Management exceeds $1 billion in AUM
Swiss-based investment manager Vontobel Asset Management announced this week that it had passed a milestone in Australia with assets under management exceeding $1 billion.
Announcing the milestone, Vontobel Asia Pacific executive director Juerg Fritschi said assets under management of the actively-managed Quality Growth equity investment boutique, one of Vontobel's six boutiques, currently stood at approximately $28.7 billion across all countries, with investments focusing on developed as well as emerging markets.
He said the company expected a growing demand across the region for the Global Equity fund as Australian investors continued to underweight global equities in their portfolios.
Fritschi said Vontobel Asset Management's Australian client base included industry and government superannuation funds, multi-managers and non-government organisations.
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.
