SWITZERLAND - Swiss private bank Lombard Odier Darier Hentsch has closed its London institutional investment operation amid plans to adopt a more global stance.
A spokesperson accepted that the bank had met with performance issues in the UK, but said this was not behind the decision to move out. “There have been issues of performance in London,” he said. ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here