Wells Fargo Asset Management has established a new office in Paris and appointed Alexander Dussaucy as the sales manager.

In his new role, Dussaucy will be responsible for business development and sales throughout France, Belgium, Luxembourg, Monaco and the French-speaking Switzerland.

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Dussaucy joined Wells Fargo Asset Management after serving as vice president, director of sales and client services for EMEA at Markov Processes International since 2007.

Previously, Dussaucy worked as director of sales and marketing for Advanced Fund Analysis in Paris as director of business development at kasina in New York.

Ludger Peters, director general for development of international business at Wells Fargo Asset Management, said: "Dussaucy has a thorough knowledge of the investment process and strong skills in the development of international business.

"His experience will be invaluable in the development and implementation of the corporate strategy of Wells Fargo Asset Management in France and we look forward to provide investors in France of products and strategies appropriate in this highly competitive market."

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