Swiss boutique Mirabaud Asset Management is preparing to foray into Italian and Irish markets as part of its strategy to expand international footprint.
The reports follow the launch of new investment products over last two-and-a-half years and hiring of a line of fund managers to drive its expansion strategy.
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Lionel Aeschlimann, chief executive of Mirabaud was quoted by funds-europe.com as saying that the company is intending to enter the two countries through a cross-border basis from London, the UK.
Lionel added that the firm is keen to acquire 300 million of assets in each new market before opening an office.
Further, the chief is holding talks with potential Brazilian partner to launch a local feeder fund in a bid to promote investments by Brazilian investors in Ucits funds.
Mirabaud currently has offices currently in Switzerland, the UK, France and Spain.
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By GlobalData
