SYZ Asset Management, the institutional asset management arm of the Swiss banking Group SYZ & CO, has strengthened its presence in the UK with the opening of an office in Edinburgh.
This development follows several hirings and specific product launches, which confirm SYZ Asset Management’s commitment and growing success in the UK market.
The Edinburgh office has a dual purpose, encompassing asset management functions as well as the promotion of SYZ Asset Management’s institutional strategies, available through segregated mandates or the OYSTER and SYZ AM funds range. The local asset management team comprises Claire Manson, a member of the European Equity team and manager of the OYSTER European Mid & Small Cap fund, and an analyst. The sales activity is led by Derek Borthwick, who joined the Group in April this year as Business Development Director for Scotland, the North of England and Northern Ireland.
With over 300 years of existence, Edinburgh’s financial centre is the second largest in the United Kingdom. It has a long tradition in asset management and investment funds and ranks 4th in Europe in equity markets. The opening of the Edinburgh office fits within the framework of SYZ Asset Management’s expansion in the UK, which is one of its priority growth markets.
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