The French company, a subsidiary of financial conglomerate Oddo & Cie, said it has been working with clients from both countries for more than five years and is seeking to “strengthen its position on the German stage by opening the office”.
Nicolas Chaput, who was appointed managing director of Oddo Asset Management in January this year, said: “Germany is one of Oddo Asset Management’s three strategic European markets. The opening of the Frankfurt office marks a new phase in our long-term development strategy in Europe. The recruitment of Evelyn Muth, who has recognised experience in this field, demonstrates our commitment to this market.”
At Fidelity, Muth, who was with the firm for 17 years, was head of retail distribution for Germany and Luxembourg.
Last year Oddo AM opened new offices in Milan, Italy and Zurich, Switzerland as part of its European expansion.
