PRESS RELEASE
SYZ Asset Management strengthens its presence in Germany with the opening of a Munich office
Geneva, 8 December 2016 - SYZ Asset Management, the international asset management arm of the SYZ Group, has opened an office in Munich on 1 December 2016, thus strengthening its presence in Germany and its ability to provide services into Austria, whilst availing of the EEA passport to do so under the Markets in Financial Instruments Directive ("MIFID"). This development follows on from the opening of the Italian office branch in Milan and several hiring and specific product launches, which confirm SYZ Asset Management's commitment and growing success in Europe.
A branch of the London headquarters of SYZ Asset Management (Europe) Ltd, the Munich office can offer a focused range of funds from the OYSTER Luxembourg SICAV, as well as discretionary mandates for institutional clients seeking active and flexible management. The sales' activity is led by Michael Kenichi Schlieper, as Region Head for Germany and Austria, reporting to Florent Guy-Ducrot, Head of Sales and Business Development.
Germany and Austria represent a very sizeable and important part of the European asset management market. Thus, the opening of the Munich office, which follows the opening of its Milan Branch at the beginning of 2016, fits within the framework of SYZ Asset Management's strategy of expansion in Europe, where a number of priority markets for growth have been identified.
SYZ has developed a recognised expertise in managing high conviction equity portfolios, unconstrained fixed income strategies and Multi-Asset portfolios, with the strengthening of its investment teams over the last three years in these strategies.
«Germany and Austria are strategic markets for SYZ Asset Management, therefore opening an office in Munich is an essential step in our development strategy towards clients seeking positive yield. I'm happy to have entrusted in Michael's hands the distribution of our investment solutions and the enhancement of the reputation of our brand at a time of strategic growth of our business», commented Katia Coudray, CEO of SYZ Asset Management.
«After spending more than 6 years working out of SYZ Asset Management's Zurich office, I am delighted to be opening our Munich branch and being closer to our clients. Our local presence will allow us to offer a focused range of funds and mandates covering our core expertise of high conviction equities, multi-asset and unconstrained fixed income», explained Michael Kenichi Schlieper.
For further information, please contact:
Moreno Volpi
Tel.: +41 (0)58 799 16 98
E-mail: moreno.volpi@syzgroup.com
Note to the Editor
About OYSTER Funds
OYSTER is a UCITS investment fund range, developed by SYZ Asset Management to address the needs of a diversified client base including professionals. With a strong commitment to performance, this Luxembourg SICAV comprises nearly 27 sub-funds, covering a variety of asset classes, markets and investment styles. OYSTER is currently registered and/or distributed in various European countries through a varied distribution network. To satisfy a discerning and demanding client base, SYZ Asset Management entrusts management of its OYSTER funds to internal and external fund managers. A number of strategies have resulted in certain sub funds being the recipients of internationally recognised awards.
About SYZ Asset Management*
SYZ Asset Management, the institutional asset management entity of the SYZ Group, provides investment solutions to institutional investors and financial intermediaries. Based on a strong conviction approach, SYZ Asset Management strategies are designed to fulfil the portfolio and risk management requirements of demanding investors.
SYZ Asset Management was awarded "Best Swiss Asset Management Company" in the category "26 to 40 rated funds" at the European Funds Trophy 2016.
www.syzassetmanagement.com
*Any reference to SYZ Asset Management in this document should be construed as being a reference to any one or more of the legal entities, listed below, dependent on the particular jurisdiction in which the document is published, subject to the investment products and services referred to herein being available to potential investors or categories of investors in such jurisdictions.
SYZ Asset Management (Luxembourg) SA, SYZ Asset Management (Suisse) SA, SYZ Asset Management (Europe) Limited, SYZ (France) SAS.
About SYZ Group
Founded in Geneva in 1996, SYZ is a fast growing Swiss banking group exclusively dedicated to asset management, through two complementary business lines: high-end private banking and institutional asset management. SYZ offers private and institutional investors comprehensive portfolio management, with an active investment style and a focus on risk reduction that is clearly committed to providing absolute performance through alpha generation.
SYZ is an independent, family-owned company with a global footprint. The Group has approximately CHF 39 billion in assets under management (EUR 36 billion, USD 39 billion), a solid capital base and benefits from being privately held and independent.
www.syzgroup.com
Disclaimer
This document has been issued by OYSTER Sicav (herein referred to as "OYSTER FundS" or "OYSTER" or "Fund") in conjunction with SYZ Asset Management (Europe) Limited. Oyster is an open-ended umbrella investment company established and regulated in Luxembourg. OYSTER is not open to citizens or residents of the USA or to any other party deemed to be a US person. OYSTER's current Prospectus and Key Investor Information Document, by -laws and the Annual and Half Yearly Reports of the Fund can be obtained on the website, www.syzassetmanagement.com or from the OYSTER offices at 11-13 Boulevard de la Foire, L- 1528 Luxembourg or from the Agents and Representatives listed on the website for the specific jurisdictions where the OYSTER Funds are registered. SYZ Asset Management (Europe) Limited has either established a Branch or has a license to provide investment services to Professional Investors in certain EEA jurisdictions. Details of such EEA jurisdictions are available upon request, and SYZ Asset Management (Europe ) Limited, as authorised and regulated by the Financial Conduct Authority (FCA) in the UK, with reference number 666766, is responsible for the approval and issuance of promotional material in both the UK and those other EEA jurisdictions in accordance with the relevant regulatory requirements
Furthermore, it is primarily intended for Professional Clients acting for their own account in countries where the OYSTER Funds are registered. It is not to be distributed in anyway to non professional clients. The information or data contained herein does not in any way constitute an offer or a recommendation to buy or sell shares in the Fund's units.
For Switzerland: Details of Representative and Paying Agent
Swiss Representative: SYZ Asset Management (Suisse) SA, 30 rue du Rhône, 1204 Geneva, Switzerland
Swiss Paying agent: Banque SYZ SA, 30 rue du Rhône, 1204 Geneva, Switzerland
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Attachments:A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/a72a36af-c1d8-491e-9db9-3c0b906ef49f
Attachments:A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/51e6b918-03e7-4bff-8741-c78e4bcd5441
