Affiliated Managers Group Inc., an asset management company headquartered in Beverly, said it has established an office in Zurich as it looks to enhance its European distribution capabilities.
In a press release, the company added that it has also appointed two new executives to its European distribution team. They are Patrick Sege, who joins AMG as director, head of distribution for Switzerland, Austria, and Liechtenstein.
Axel Weiss joins AMG as director, head of distribution for Germany. Sege and Weiss will be based at AMG’s new office in Switzerland.
“Establishing an office in Zurich, one of the most important financial centers in Europe and home to some of the world’s largest and most sophisticated investors, will extend the reach of our global distribution platform and further support our affiliates in their sales and marketing efforts,” Andrew Dyson, AMG’s executive vice president and head of global distribution, said in a statement. “The appointments of Patrick Sege and Axel Weiss to the distribution team will significantly add to our expertise in Europe and enhance the AMG brand in the region. Their impressive professional track records and strong networks of local relationships make them ideally suited to help expand our footprint in Europe.”Chris Reidy can be reached at email@example.com.