AUSTRALIA - Crédit Agricole Asset Management will be strengthening its Australia and New Zealand focus by opening an office in Sydney to target the pension fund markets in the both countries.
The firm appointed Richard Borysiewicz, formerly of Skandia Australia, to head up the Sydney branch. He will be in charge of presenting CAAM products in the global fixed income, absolute return, currency, funds of hedge funds, Asian equities and structured products space.
Borysiewicz said: “The Australian pension fund market is one of the largest in the world and I am certain that this new development, combined with CAAM’s longstanding experience in the Asia-Pacific region and its recognised fund management capabilities, will further contribute to the group’s initial success in Australia and New Zealand.
“Our primary focus will be the institutional market, aiming at delivering high quality sales and client servicing to CAAM's existing and future clients.”
The firm said it was confident in the strong potential of the Australian and New Zealand markets.
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