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patrice dussol joins oddo

3 Jul 13

Oddo Asset Management has appointed Patrice Dussol as co-country head in charge of German-speaking Switzerland in the company’s drive to strengthen its presence in the country.

Oddo Asset Management has appointed Patrice Dussol as co-country head in charge of German-speaking Switzerland in the company’s drive to strengthen its presence in the country.

Dussol, whose last position was as sales manager at Edmond de Rothschild in Paris, has 14 years of experience in international asset management.

He will report to Bertrand Levavasseur, who heads the international sales team and he will join two other Swiss team members, Edouard Vallette Viallard, Country Head, and Bruno Allain-Hemeray, who is in charge of relationships with independent fund managers.

Oddo, which opened its office in Zurich in 2011, said that the move was part of a new focus on the territory, which also sees it registering two new funds.

Oddo Haut Rendement Monde 2018 is a target-dated bond fund mostly invested in high-yield bonds whose issuers are primarily located in Europe and up to 50% outside Europe, notably in emerging countries.

Oddo Obligations Optimu is a fund invested in public or private bonds, mainly investment grade and with very short maturities. Lorenzo Gazzoletti, Oddo’s deputy chief executive added that Switzerland was a strategic market and the new moves represented part of the French asset management company’s long-term expansion into Europe.

Oddo Asset Management is the investment management subsidiary of banking group Oddo & Cie. It has €13.3bn of assets under management.

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