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Credit Suisse AM opens Dutch office

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NETHERLANDS - Credit Suisse Asset Management has decided to open an office in Amsterdam targeting institutional clients.

“The office will serve existing clients and target new institutional clients in the Netherlands, Belgium and Luxembourg with leading products such as total return fixed income, currency alpha and overlay management, enhanced equity, hedge funds and commodities,” CSAM said in a statement.

The office is headed by Jolanda de Groot, formerly of Lombard Odier Darier Hentsch Asset Management.

"The Dutch market has always been important to CSAM,” said Ian Chimes, co-head of European sales and marketing. “With the increase in demand the time has come to open an office and increase our servicing and client activities in this important region.

“Jolanda will be able to draw on her broad knowledge of the Dutch institutional market and offer clients the full range of products and services available from our global organisation."

Alternative investments would be covered “in close collaboration” with Credit Suisse First Boston.

CSAM said approval for the move was received from the regulator, the Autoriteit Financiële Markten, in July 2004.

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