Mirabaud to expand into Ireland and Italy

Lionel-AESCHLIMANNMirabaud Asset Management, a Swiss boutique, is in the process of entering the Italian and Irish markets as part of its international expansion.

Lionel Aeschlimann, the firm’s chief executive, told Funds Europe that initial entry to these two countries is to be on a cross-border basis from London.

He adds that he would seek €300 million of assets in each new market before opening an office.

Mirabaud Asset Management is part of Mirabaud & Cie, a banking and asset management group. It has the equivalent of €6.5 billion of assets under management (at December 31, 2013) and has launched new investment products in the past two-and-a-half years and recruited several high profile fund managers as part of a plan to expand internationally.

He also says he is in talks with potential partners in Brazil to set up a local feeder fund that would facilitate investment by Brazilian investors in Ucits funds.

The firm has offices currently in Switzerland, the UK, France and Spain.

Aeschlimann is interviewed in the April edition of Funds Europe.

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