The acquisition and integration of the sustainable investing and the quantitative investments businesses from Vescore has strengthened Vontobel Asset Management’s international boutique model, a Vontobel AM spokeswoman told Citywire Asia.

The Zurich-based spokeswoman said such a development is a clear advantage for the fund house’s clients as it is able to offer products to investors with different needs and risk preferences. It adds further diversification to Vontobel AM's business.

‘For our shareholders, the integration means that we will have a more diversified source of profit in the future; we expect Vescore to generate a profit contribution in 2018.’

On May 16, Vontobel completed the integration of the Vescore sustainable investing and quantitative investments businesses, acquired in September 2016.

Key advantages

In terms of the advantage of the integration, the spokeswoman said that both boutiques will receive new impulses for growth via Vontobel AM's sales platform.

Moreover, the integration helps strengthen the fund house’s presence in Switzerland as well as the institutional business in Germany.

‘In the sustainable investing area, we have opened the way for further growth which is constantly increasing in importance,’ she said.

‘At the end of 2016, Vontobel AM had more than CHF 10 billion of sustainable investments under management across all its boutiques, while Vontobel managed CHF 3.2 billion of client assets in this boutique.’

‘With quantitative investments, Vontobel AM gained a completely new asset management competency. Based on customised asset allocations that are combined with tactical overlay management, such strategies allow clients to generate stable returns.

‘Vontobel had CHF 8.3 billion of assets under management in this boutique at the end of last year.’