To better tap into the growing Asian market, Swiss asset manager Bellevue is expanding its presence in Singapore.
Bellevue Group announced on Thursday that it has established a subsidiary, Bellevue Asset Management (Singapore), to scale up its business across Asian markets. The Zurich-based firm is a specialist investment manager with a focus on medical technology.
The subsidiary in Singapore is headed by Florin Boetschi, head distribution Asia Pacific, who has overseen the expansion of Bellevue’s business activities in Asia over the past two years. The asset manager plans to gradually expand the current team for Asia.
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A stronger local presence should help Bellevue strategically expand its existing client base, increase its assets under management in the coming years, and, ideally, capitalize on the growth opportunities in Asia.
«Our business volume in the region provides a good base, which we can further expand with the increased local representation. In Florin Boetschi, we have a proven expert on the Asian markets who will spur the growth of our activities in this dynamic region,» said Bellevue CEO Gebhard Giselbrecht.