SWITZERLAND - Zurich-based ATAG Asset Management is looking for a new managing director.

ATAG has nearly €3bn under management, invested in a wide range of assets, mainly on behalf of European institutional clients.

According to IPE's Top 400 Asset Managers 2006, ATAG offers a one-stop shop for a range of financial services, promising a high level of expertise in selecting innovative products

Former managing director, Christoph Weber, left at the end of last year and will join Banca Del Gottardo as head of private banking, North.

A spokeswoman at ATAG said the firm is looking internally as well as externally to find a replacement for Weber.

She added that ATAG is also searching to recruit additional client consultants.