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New SYZ AM chief sets sights on multi-asset push

New SYZ AM chief sets sights on multi-asset push

Growing the firm’s multi-asset funds range is a top priority for SYZ Asset Management over the near-term, newly-appointed chief executive officer Katia Coudray has told Citywire Global.

Speaking from the firm’s investor day in London, Coudray singled out multi-asset as a prime focus in her new capacity.

Coudray was formally named CEO of SYZ Asset Management on June 9 in a move which also saw her succeed Xavier Guillon as head of OYSTER Funds.

Guillon stepped down to join Decalia Asset Management at the end of May following nearly five years with the group.

‘Multi-asset is something we have been looking at for a long-time and we are definitely focusing on diversifying in areas such as absolute return, where we are quite strong and quite well known,’ Coudray said.

‘We want to reinforce capabilities here and we are dedicated to furthering the mixed asset offering. We have done this in European equity, with the appointment of Michael Clements, and we see the importance of doing this elsewhere.’

It is understood this will see two portfolio managers with a mixed asset background bought into the company in the coming weeks with a potential new fund launch in the pipeline, although further detail was not disclosed.

Elsewhere, Coudray said another aim would be to reinforce the presence of both SYZ Asset Management and OYSTER Funds in the markets where it has existing operations.

Aiding this effort, SYZ Asset Management – which is the asset management arm of Swiss group Banque Syz & Co – has hired an experienced sales specialist, who will take over the sales-focused aspects of Guillon’s role. The new recruit, who is yet to be named, will join on September 1.

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