Numerous executives from Credit Suisse’s asset management division are hunkering down in notable Swiss banks – now including Vontobel and Raiffeisen.

On January 22, 2024, Andrew Jackson will take over as head of Vontobel’s Fixed Income Boutique, according to a statement made on Tuesday. He is taking over from Simon Lue-Fong, who is retiring after a 30-year career in investments.

Jackson is coming from Credit Suisse Asset Management (CSAM), which is currently suffering severe losses in its workforce. Just this Tuesday, Raiffeisen Switzerland announced that it has engaged two CSAM bond specialists, as finews.ch also reported.

More Than 20 Years of Experience

Jackson has more than 20 years of experience as a fixed income investor and has asset values across the full range of bonds, including corporate bonds, high-yield bonds and private market loans. Before his time at CSAM, he was the head of Fixed Income and Multi Asset at Federated Hermes International and chief investment officer at Cairn Capital, a Fixed Income Boutique.

Vontobel’s Fixed Income Boutique was founded more than 35 years ago and manages 18 billion Swiss francs today. It has now grown to accommodate 39 investment specialists in Zurich, New York, Miami and Hong Kong. It offers corporate bonds, emerging market bonds, global and Swiss bonds, as well as tailored investment solutions in Swiss and global bonds.

A Pillar of Investment Competence

«Our Fixed Income Boutique is a key pillar of Vontobel investment competence and will continue to develop further for the benefit of our clients,» said Christel Rendu de Lint, co-CEO and head of investments at Vontobel.