Oddo Asset Management develops presence in Germany and Austria

Carsten-NergeFrance's Oddo Asset Management has strengthened its presence in Germany and Austria with the appointment of Carsten Nerge to country head.

Nerge (pictured) joined from Warburg Invest in Germany, where he was head of institutional sales for three years.

In his new role, he will be in charge of developing and diversifying the client base of Oddo Asset Management in Germany and Austria.

Oddo Asset Management, which has €12.7 billion of assets under management, opened a Frankfurt office in 2012.

Lorenzo Gazzoletti, deputy chief executive officer of the firm, says that Germany and Austria are strategic markets.

“The strengthening of our German team represents a new phase in our long-term expansion in Europe,” Gazzoletti adds.

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