Global Prime Partners announces new board member
Former Schroders group chief operating officer, Markus Ruetimann, is joining the Global Prime Partners' board in the position of senior non-executive director.
Ruetimann had worked for over 25 years in the financial services industry in Geneva and London, and previously worked in management positions with Phillips & Drew and UBS Global Asset Management prior to his most recent position with asset manager, Schroders.
Global Prime Partners chief executive, Julian Parker, said the appointment of Ruetimann would help to strengthen the company as it transitioned into a new phase.
"We are well positioned to take advantage of opportunities in the near term. Having someone of Markus' calibre will be invaluable," he said.
"We are [continuing] our expansion, starting with the launch of our structured products business in early 2017."
Ruetimann's position with Global Prime Partners would be an addition to various other non-executive positions, as well as a position as a Trustee of Action for Children.
AUTHOR
Hope William-Smith
Recommended for you
Research by Morningstar has found fixed income funds are bucking a general trend around managed fund fee dispersion with a smaller fee dispersion compared to equity ones.
As investors seek to diversify their portfolios, the naming of bond labels has broadened out to include green, social and impact bonds, according to the annual RIAA report.
Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million.
Metrics Credit Partners is expanding its private credit fund range with a managed fund for retail investors following investor demand.
