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Vontobel to reshape Vescore funds after departure of their architect

Vontobel to reshape Vescore funds after departure of their architect

The Vescore global index fund is to be renamed and its strategy adapted, Citywire Switzerland can reveal.

The 1741 Equity Dynamic Indexing World fund will undergo strategy changes in May 2017 and will be renamed the Vontobel Fund (CH) Vescore Global Equity Multi Factor fund.

The fund manager of the strategy is Nicolas Burckhardt, who joined Vescore in 2013 and since September 2016 has been working for Vontobel.

He is also responsible for Vescore's quantitative single-equity strategies and in addition manages Vescore Equity Switzerland Multi Factor, 1741 Minimum Volatility Index Fonds and a client mandate.

Another Vescore index strategy, the 1741 (Lux) Equity Dynamic Indexing World fund, will be also altered and from 1 May 2017 will be renamed Vontobel Fund II Vescore Global Equity Multi Factor.

Before Burckhart took responsibility the fund manager of two strategies was Thomas Pfiffner, who used to be head of indexing at Vescore and left following the acquisition of the firm by Vontobel in June 2016. 

The most recent change in the 1741 Equity Dynamic Indexing World fund took place in February 2017, when the 1741 Equity Systematic World fund was merged into it. 

The merged strategy was run by Holger Frisch, who was head of equity and fixed income research at Vescore and also left after the sale of Vescore. 

Meanwhile, the sister strategy, 1741 (Lux) Equity Dynamic Indexing World, underwent its last change in June 2015, when three strategies were rolled into it: 1741 (Lux) Equity Active Indexing World BS, 1741 (Lux) Equity Active Indexing EMs and 1741 (Lux) Equity Active Indexing All country.

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