Fresh-faced CEO Thorsten von Bartenwerffer is optimistic that good times are returning to Fisch Asset Management.
The boutique’s assets under management fell to just over 6 billion Swiss francs after difficult times for its traditional specialty, convertible fixed income. In 2020 it amounted to about 12 billion Swiss francs.
The sector average return of global convertible bond funds for the three years to the end of April is -18.7%, worse than any major global equity, bond or multi-asset sector in the Citywire database.