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04-04-08
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Vontobel Group opens branch in Madrid
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The Vontobel Group is strengthening its activities in Spain and opening a branch in Madrid. Its presence in the Spanish capital is part of its long-term growth strategy
and highlights the Vontobel Group's focus on selected markets in Europe.
"The spanish market is characterised by an above-average growth potential and an increasing demand for sophisticated services in the area of active investment management for
institutional and private clients. Therefore the Spanish market is one of the cornerstones of our growth strategy," stated CEO Herbert J. Scheidt, explaining the Vontobel Group's
commitment to the Spanish market at the opening of its Madrid branch. "Our reputation as a Swiss private bank that is founded on solidity and continuity, and our business model
which is based on a long-term perspective, are key success factors that are increasingly being sought by Spanish clients," he confirmed.
The Vontobel Group already has in-depth market knowledge and established business relationships in Spain as a result of the local presence of its hedge fund provider Harcourt, a
subsidiary company of the Vontobel Group. "We must now concentrate on transferring this knowledge to the active investment management business of the Vontobel Group and on
developing it further," stated Ivan Poza, Country Representative for Vontobel Group and Head of the Harcourt in Spain.
José Manuel Olabarrieta, Head of Asset Management Iberia and Latin America, added: "I am convinced that our proven expertise, which we have built up over many years, will
enable us to generate sustained added value for both private and institutional clients. This will allow us to further expand and strengthen our market position in Spain."
Address:
Vontobel Europe SA, Sucursal en España
C/Serrano, 26-6a plta.
E-28001 Madrid
+34 91 520 95 11
Contacts:
Ivan Poza
Country Representative Vontobel Group and Managing Director Harcourt Iberia
+34 91 520 9580
José Manuel Olabarrieta
Head of Asset Management Spain, Vontobel Group
+34 91 520 95 33
Juerg Staehelin
Head of Corporate Communications, Vontobel Group
+41 58 283 72 24
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