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AMG opens office in Zurich

Asset management company Affiliated Managers Group has expanded its European distribution capabilities by opening an office in Zurich, Switzerland.

The company has also made two new appointments to its distribution team in Europe.

Patrick Sege joins as director, head of distribution, Switzerland, Austria and Liechtenstein, and will be based in AMG’s new office in Zurich. Sege joins AMG from Liongate Capital Management, where he was head of sales and business development for Switzerland and Continental Europe. In this role, he was responsible for covering all institutional client segments including banks, pension funds, insurance companies, family offices and independent asset managers. Prior to joining Liongate Capital Management, Sege worked at UBS and Ernst & Young.

Axel Weiss joins AMG as director, head of distribution, Germany, and will be based in the new Swiss office. Weiss was formerly director of sales and relationships, institutional clients at Fidelity Investment Management, where he helped to build the firm’s institutional business. Weiss previously worked for Universal Investment, Cominvest Asset Management and Arthur Andersen.

“Establishing an office in Zurich, one of the most important financial centres in Europe and home to some of the world’s largest and most sophisticated investors, will extend the reach of our global distribution platform and further support our Affiliates in their sales and marketing efforts,” says Andrew Dyson, AMG’s executive vice president and head of global distribution. “The appointments of Patrick Sege and Axel Weiss to the distribution team will significantly add to our expertise in Europe and enhance the AMG brand in the region. Their impressive professional track records and strong networks of local relationships make them ideally suited to help expand our footprint in Europe.”

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