Established in its domestic market, a Swiss independent asset manager is now turning its attention to Asia.
In its annual report last week, Reuss Private Group, a Swiss independent asset manager (IAM) detailed its 2016 activity during which it increased its total of managed and administered assets by 25 percent to CHF 17 billion.
The IAM also announced the addition to its board of a seasoned wealth manager with strong Asian links and experience.
The UBS Connection
Reuss Private elected Carlo Grigioni as a new member of its board.
Grigioni (pictured) established the Asian branch of UBS (then Swiss Banking Corporation) during the 1980's and was most recently Divisional Vice Chairman of UBS Wealth Management.
Hunting Asian Business
«With Carlo Grigioni we managed to attract an expert with many years of experience in the Asian region. He will contribute significantly to the expansion of our Asian business,» said Felix Brem, CEO of Reuss Private.
«I am happy to be able to support Reuss Private with my many years of experience and thus to contribute to further growth, especially in the growing Asian markets,» added Grigioni.
