Juerg Sturzenegger and Philipp Good set to take over the reins at Fisch Asset Management on 1 January 2017
Dubai, United Arab Emirates: In its ongoing pursuit of sustainable organic growth, Zurich-based asset management boutique Fisch Asset Management is setting an exciting new course. On 1 January 2017, Juerg Sturzenegger and the current Head of Convertible & Corporate Bonds, Philipp Good, will take over joint leadership of the company.
Commenting on the appointments, Pius Fisch, Chairman of the Board of Directors and co-founder of Fisch Asset Management, said: “We have decided to appoint an external industry expert in Juerg Sturzenegger as our new co-CEO alongside Philipp Good. Our long-held culture of open communication and complete transparency make us ideally suited for dual leadership to be successful. The two CEOs will be responsible for further developing our portfolio management and sales activities as well as our operations and IT infrastructure. Given our future growth plans and our increasingly international focus, this dual leadership structure is just right for Fisch Asset Management.”
Juerg Sturzenegger has accumulated considerable experience over nearly three decades in the financial services industry. His previous positions include COO, CIO and co-CEO at VP Bank Group, Liechtenstein, CEO and Global Head Wealth Management Solutions at VP Bank (Schweiz) AG as well as senior management positions at Bank Julius Baer & Co. Ltd. and Bank Leu AG. Most recently he has held both strategic and operational roles as an independent consultant in leading Swiss financial institutions. He studied in Zurich and Palo Alto, California, and holds a degree in economics and business administration. “I very much look forward to bringing new ideas into Fisch’s existing unique corporate culture and its boutique character. I am convinced that this new leadership structure will support the growth to which we aspire,” noted Sturzenegger.
With more than 20 years of industry experience, Philipp Good has been with Fisch for over ten years and is currently a member of the Executive Committee. Good commented on his appointment: “I am excited about my new responsibility as CEO together with Juerg Sturzenegger. Together we will do our best to prepare Fisch for the opportunities and challenges that lie ahead.”
The change in Fisch Asset Management’s leadership was initiated at the request of current CEO Patrick Gügi. Over nine years, he has helped shape the firm into a successful and highly respected asset management boutique. Patrick Gügi will continue at Fisch, and will focus on the development of the firm’s flourishing multi-asset strategies. He will remain a member of the Board of Directors.
About Fisch Asset Management:
Independence and growth have been Fisch Asset Management’s hallmarks since its foundation by Kurt Fisch and Dr. Pius Fisch in 1994. The Company’s independence rests on the ownership of all shares in Fisch Asset Management AG lying with the Executive Committee and employees. Since foundation, Fisch Asset Management has grown to 77 colleagues, including one of the world’s largest convertible bond teams. The Company specialises in credit research and analysis, with an exceptional record in convertible, high yield and corporate bond strategies. Assets under management (AuM) total more than USD 9.8 billion, as at 30th September 2016. As a licensed securities dealer, the Company is regulated by the Swiss Financial Market Supervisory Authority (FINMA). Fisch Asset Management is a signatory of the United Nations Principles for Responsible Investment (UN PRI).
The Company’s client base comprises 82% institutional and 18% wholesale investors. Fisch Asset Management has an international outlook, which applies to both its employees and distribution channels. The Company is increasingly targeting investors from beyond its core market of German-speaking countries. Fisch Asset Management offers mandates as well as mutual fund solutions.