Swiss boutique Mirabaud Asset Management has appointed David Basola as new head of business development for Italy.

Based in London, Basola will serve institutional and wholesale investors in Italy, Malta, Monaco and Ticino in Switzerland.

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Basola has joined Mirabaud from Syz & Co in Italy, where he had served various business development roles since 2006. Prior too this, he also worked at Integrated Asset Management, Credit Suisse and JP Morgan.

Bertrand Bricheux, head of sales and marketing for Mirabaud Asset Management, said: "It was pleasing to hire someone like Basola, who is a specialist of both long-only and alternative investments having begun his career as a portfolio manager for JP Morgan, "given the importance of the Italian market.

"Italy is a key market in Europe for funds and we are convinced that the focused, boutique approach of an investment specialist like Mirabaud Asset Management will fit very well," he added.

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