Manulife Asset Management (MAM) has appointed Christos Tsaravas as the new managing director and head of distribution for its Swiss business, with immediate effect.

Based in Zurich, Tsaravas will manage the firm’s business development in Switzerland that includes the launch of public and private markets capabilities to institutional and wholesale clients in the region.

He will report to the firm’s head of distribution for EMEA Marco Zanuso.

Tsaravas has an experience of around 20 years in the Swiss market. He formerly served as the director and head of institutional clients for Switzerland at Deutsche Asset Management, and as managing director and head of institutional clients for Switzerland at Man Group.

“We are delighted that Christos has joined the team to help build the business as well as to manage and grow the local team. Christos has an excellent reputation and relationships in the Swiss market. His experience and local knowledge will help us to better meet the needs of our clients and further drive our expansion in Europe,” Zanuso said.

Manulife AM (Switzerland) recently secured Swiss financial regulator FINMA’s authorisation to operate as a distributor of collective investment funds in the country.

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Tsaravas expects MAM’s actively managed traditional asset classes to be attractive in the market and also anticipates growing demand for liquid alternatives and private market capabilities such as real estate, infrastructure, timber and farmland.