The Swiss banking group SYZ has appointed Katia Coudray as CEO of its asset management arm and head of the OYSTER funds range.
Previously the group's head of investment, Coudray initially joined SYZ in 2011 as its head of fund selection and has significantly contributed to growing the OYSTER funds' portfolios. Over the past four years the group's assets under management have increased by around €1.4 billion as new strategies were launched, according to the company.
'Katia Coudray's appointment is an important step in the development of our institutional asset management division’, SYZ Group’s CEO, Eric Syz, commented.
SYZ underlined that her long experience in asset management and the variety of positions she has held over the course of her career will help her succeed in her new role.
Coudray was named head of investment for SYZ Asset Management in 2014 and was responsible for selecting managers for the bank’s high net worth client portfolios and finding external managers for the OYSTER range of funds.
During her tenure the group has credited her with recruiting new investment managers from competing firms, such as Michael Clements and Claire Manson who joined from Franklin Templeton, to manage the OYSTER European equity strategies.
Speaking to Citywire Global in 2012 Coudray said her selection had a strong focus on the market.
‘We’re in a process of constant change and the markets are driving it, active management has been under great pressure,’ she explained.
‘I would never select a manager without taking a view on how they will perform in specific market conditions.’
In her new role Coudray has already made her first new hire. Florent Guy-Ducrot will join SYZ Asset Management from Amundi as head of business development, replacing Xavier Guillon, in September.
‘Florent Guy-Ducrot has in-depth experience in the asset management industry. He was especially attracted to our entrepreneurial model and our actively managed investment style,’ Coudray said.