Russell closes Swiss office
Frank Russell has announced that it is to close its Swiss consultancy offices in Zurich and run the business from London.
Ken Ayers at Russell comments: "It has always been a small office in Switzerland and as such has been unable to provide the full and proper range of Russell services with back-up resources.
"Organisationally, after considering the balance between providing the best level of service and having a local presence, we decided it would be much better to run things from London. There is no reduction in commitment to the area though."
Russell is negotiating relocation with the Swiss office staff before closure at the year end.