Avobis wants to build up fund business

Avobis Credit Services AG will be able to manage collective assets in the future; the financial supervisory authority FINMA has granted the corresponding authorization.

Frederic Königsegg (Image: Avobis)

With the authorization as a manager of collective assets, Avobis Credit Services AG will in future also be able to manage collective capital investments in addition to the management of pension assets and mortgage management.

Frederic Königsegg, most recently Chief Investment Officer (CIO) at Helvetica Property Investors, is to take over as Head of Portfolio Management from June 2021. Königsegg has been active in the Swiss and international real estate and investment market for 25 years. "I am convinced that with the engagement of Mr. Königsegg we have found the optimal reinforcement to build up our fund business in a targeted and successful way," said Andreas Granella, Managing Director of Avobis Credit Services AG. (ah)

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