Fulcrum Asset Management has appointed Kai Volkmann to its European team, in the newly created role of director – head of German and Austrian distribution.
Volkmann will lead the firm’s expansion into Germany and Austria, representing all areas of the business with the aim of strengthening its position with institutional and wholesale clients in these regions. He will report directly to Fulcrum´s chief executive officer, Andrew Stevens.
Prior to joining Fulcrum, Volkmann was country head for Carmignac in Germany and Austria and head of wholesale sales for BlackRock (formerly Merrill Lynch Investment Managers). He has also held roles at JP Morgan Asset Management (former Fleming Asset Management) and KPMG.
Volkmann’s appointment is in response to increasing demand across Europe for Fulcrum’s Diversified Absolute Return strategies, which it has managed since 2008.
Commenting on the appointment, Stevens says: "As our UK business continues to grow, this hire will prove an invaluable to contribution to Fulcrum´s ambitions to expand our reach into Germany and Austria."
Fulcrum has £2.4 billion (€3.3 billion) of assets under management, as of June 2015.
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