Global investment manager

Global Investment Manager opens an office in Zurich

Nuveen opened in Zurich as part of a “strategic move to strengthen its private banking offering in Europe”, having identified the Swiss market as an important region to achieve this goal.

The office, its 17th in Europe, offers a range of solutions to Swiss clients in public and private markets, including products in the global real estate and alternatives sectors.

At the same time, the global investment manager has hired Christian Leger as Managing Director and Head of Switzerland.

Leger will lead Nuveen’s expansion across Switzerland, in line with its goals of growing its existing institutional client base and offering to private wealth clients. Léger joins Allianz Global Investors, where he was Country Head for Switzerland and Head of European Banks.

He is joined by Michele Perone, who was also previously at Allianz Global Investors and will serve as Vice President of the Zurich office.

Unlocking the Wealth Market

Romina Smith, Head of Central Europe for the Global Client Group at Nuveen, said: “The opening of our office in Switzerland is an important milestone for Nuveen’s European expansion plans, as we focus on strengthening our services to the private management and institutional investment sectors.

“A local presence is critical to our success here as Switzerland is home to some of the world’s largest private banks and financial institutions and we see the Zurich office as key to further unlocking the wealth market in Europe.

“We are also extremely fortunate to be able to welcome Christian to lead these efforts. Christian brings a wealth of experience, having supported Swiss clients throughout his career.

“We believe that with our diverse investment offering and extensive experience in investing in public and private market solutions, Nuveen is perfectly suited to meet the current and future needs of Swiss clients. Christian’s local market knowledge and industry expertise will be invaluable as we seek to grow and strengthen our customer base.

Nuveen has $1.3 billion (£1.08 billion, €1.28 billion) in assets under management as of December 31, 2021 and operates in 27 countries.