POLAND – Fortis Investments has named Grzegorz Swietlik as its new head of sales for Poland.
It said he is a former board member of Credit Suisse Asset Management in Poland and joins from Dekabank.
“Grzegorz's extensive industry experience will help Fortis Investments to build market share, both for distribution partners and institutional,” the group said in a release.
Elsewhere, the firm said it has now achieved €310m in liability-driven investment assets under management, with a further €320m committed in the coming months.
"Fortis Investments was the first asset manager to offer a comprehensive range of pooled, EUR-denominated LDI products,” said Netherlands chief executive Jan Lodewijk Roebroek.
“Our approach is highly flexible and allows us to provide customised solutions for each client, while exploiting the efficiency and convenience of pooling.
“This is particularly important in the Netherlands where the upcoming introduction of nFTK is also impacting a large number of small/medium-sized pension funds that do not have the resources for individual, non-pooled LDI solutions."
Meanwhile, Fortis said it has signed an agreement to buy Chicago-based U.S. equity, futures and options clearing services firm O’Connor & Co. for an undisclosed sum.