Unigestion plans wealth management push following asset gathering

Increasing UK footprint

Geneva-based asset manager Unigestion is preparing for a push into the wealth manager space as it broadens its reach in the UK.

The Swiss firm, which has $24bn in assets under management globally but has until recently confined itself to serving the UK's institutional market, saw its first fund enter the Investment Association (IA) universe in May. Its Uni-Global Cross Asset Navigator fund is now the second best-performing fund in the IA Targeted Absolute Return (TAR) sector over a three-year period, returning 30.9% according to data from FE, although funds within the sector are notoriously difficult to compare. The absolute return sector comeback? The 45-year-old company's London office is well establis...