Fortis opens new office in UK for fixed income
BENELUX/UK- As part of its expansion into fixed income, Fortis Investment Management plans to open a new investment centre in London that will be headed by Guy Williams.
Williams will report to Fortis IM chief investment officer William de Vijlder who says that the new offfice will be responsible for pan-European and single currency bond mandates ex-dollar and ex-euro.
Fortis IM is currently waiting for regulatory approval but when it is established a team of four will be placed there. Until that time Williams and his team of three will be based in Utrecht and Brussels.
Fortis also recently established a fixed income investment centre in Paris, which focuses on eurobonds.
Says a spokesman for Fortis IM: “London is the ideal place for the global portfolio. There is specific know-how in London, and it is certainly the place to be managing this type of mandate.”
Prior to joining Fortis, Williams worked at Northern Trust global Investments and Paribas Asset Management.