F&C already manages investment mandates for institutional investors in Austria.
F&C head of Austria and Switzerland Christian Zeitler says Austria is a very attractive, growing market.
He says: “We have been managing money for Austrian institutional clients for years and we see the registration of our mutual funds as a crucial step that will drive further growth. It also falls in line with the company’s plan to increase its European presence.”
Zeitler says demand for these investment vehicles will mainly come from banks and funds of funds in search of expertise in specialist products.
“There is definitely an appetite for niche investment solutions in Austria and we are confident that we can offer a very attractive and diversified choice of products, from equities and fixed income to real estate and sustainable investment vehicles.”