Frankfurt, October 26 2021
The London branch will cooperate closely with the Group's three ManCo and fund service hubs in Germany, Luxembourg and Ireland. The acquisition by Universal-Investment of the Irish fund management company Metzler Ireland Limited was successfully completed in June 2021.
Julian Mayo has been appointed as Director, Head of Business Development at Universal Investment Ireland and UK, and will be heading the UK office. Julian has over 30 years of experience in the investment management industry. He has previously worked at Schroders, Dresdner Asset Management (now Allianz Global Investors) and most recently Charlemagne Capital/Fiera Capital, where he was Co-CIO/Chief Strategist. His experience includes 12 years working in Asia.
Julian Mayo commented: “I am delighted to take on this position and look forward to introducing Universal-Investment’s excellent service offering to asset managers and institutional investors in the UK and elsewhere. Clients will be able to benefit from a unique range of services from our hubs in Dublin, Luxembourg and Frankfurt, from ManCo and administration to active distribution.”
London branch opens in October 2021
Julian Mayo appointed as Director and Head of Business Development
Expansion of international customer base to be accelerated
Keith Milne, CEO, Country Head of Universal-Investment Ireland, comments: “I am pleased to welcome Julian Mayo as the Head of the newly opened London branch. He has a unique mix of relevant international experience to drive forward the development of our operations in Ireland and the UK.”
Universal-Investment Group is headquartered in Frankfurt, Germany and has been active in the Luxembourg market for more than two decades, and in Ireland since April 2021. As one of the pioneers of the funds industry in Germany, the Group currently administers EUR 710 billion in more than 1,900 funds. In 2020, it established UI Enlyte as one of the first investment platforms for digital assets worldwide.
The Group is already the biggest third-party ManCo provider in Germany and Luxembourg and intends to significantly expand internationally. With the acquisition of the Dublin based ManCo, the Group is one of the few providers that is active as a management company in the three largest fund hubs in Europe. The Irish platform is particularly attractive to UK and North American asset managers, who the Group is looking to recruit as new clients. Through its unique and comprehensive ManCo and fund service offering locally and within the group, for example active distribution solutions, Universal-Investment Ireland is aiming to become a substantial local player in all asset classes in the years ahead.
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