Zurich-based wealth manager Albin Kistler is expanding its team of analysts, Citywire Switzerland can reveal.
One of the most recent hires is Philipp Jossen, who is now a client relationship manager and property analyst at the firm. He joined from VZ Vermögenszentrum, where he worked as a financial consultant.
Benjamin Schoch, head of asset management at the firm, said two more staff members – with a focus on financial analysis and client relationship – joined the firm in August and September. Their names will be disclosed at the end of their probation periods. One more analyst will be joining the firm closer to the end of the year.
In-depth analysis of individual companies is a competitive edge for the Zurich wealth manager, which carries out 350 meetings a year with more than 200 firms.
The firm has also employed Nicolas Ammann to be in charge of trade execution. Prior to joining Albin Kistler, he worked in the portfolio management investment services arm of Credit Suisse.
Schoch added that new hires are part of the firm’s strategy to bolster its research, portfolio management, client relationship and execution capabilities.
The firm's hiring spree follows the departure of two analysts, Fabian Zellweger and Michel Wicki, who broke away in May 2017 to set up their own firm, Valvest Partners.
Albin Kistler has four funds that are listed on Citywire's database: Albin Kistler Aktien Schweiz, Albin Kistler Obligationen CHF, Albin Kistler Obligationen FW and Albin Kistler Aktien Small & Mid Cap Schweiz.
Albin Kistler Aktien Schweiz has returned 38.35% in Swiss franc terms over the past three years. Its technical indicator, Swiss Performance Index TR, returned 20.12% over the same period.