GERMANY - Feri Institutional Management has lost its third investment consultant in two months to Watson Wyatt, as the consultancy giant looks to expand its advisory business in the growing German sector.
The appointments of Jürgen Heiny and Zeljko Tipuric follow closely on from Torsten Köpke’s (pictured) move from Feri Institutional Management at the end of May.
Commenting on the new additions, Köpke, who now spearheads the firm’s German investment consulting business, said it would give Watson Wyatt a “unique” position within the central European market.
Köpke explained: “The rapidly evolving German marketplace is becoming increasingly open to new investment ideas, some of which are being implemented by institutional investors.
“Our team, including the latest additions, now comprises professionals that cover all the disciplines required for modern investment consulting and is backed by global investment manager research and thought leadership.” At Feri IM, Heiny was primarily responsible for consulting projects to German banks involving savings and loans.
He has 14 years banking experience and eight years portfolio management experience, which includes equity and fixed income products as well as derivatives. In addition, Tipuric was a permanent member of Feri’s investment committee and was responsible for investment manager research, selection and monitoring of some of the firm’s largest corporate clients.
Tipuric, who worked at ABN AMRO Bank before joining Feri in 2002, has experience including investment manager research and monitoring across most asset classes and multi-manager fund implementation with the Master-KAGs and Global Custodians. Kevin Carter, European Head of Investment Consulting at Watson Wyatt, added: “The German market is important for us, so in order to build on some of our initial successes there it was essential to get local skills and experience on board.
“These high-calibre hires do just that and we are now well positioned to help deliver on our European growth strategy.”
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