Despite the collapse of Credit Suisse, Switzerland's financial center remains attractive to foreign firms. An international investment boutique is opening a new branch in the canton of Vaud.
The investment boutique Balfour Capital Group (BCG) is coming to Switzerland, and setting up shop at in Yverdon-les-Bains in the canton of Vaud. The decision to open a branch in Switzerland underscores BCG's commitment to expanding its international presence, according to a media release Wednesday.
BCG is part of Luxembourg-based Balfour International, which specializes in wealth management for entrepreneurs, high-net-worth individuals (HNWI), and institutions. The Swiss branch will be headed by Johan Boos, an experienced financial professional who will focus on acquiring high-net-worth clients and family offices.
Career Start at UBS
Boos began his financial industry career at UBS in Lausanne, where he honed his wealth management skills, developing investment expertise in various asset classes, including equities, foreign exchange, and global derivatives in the world's commodity markets. After his time at UBS, he founded Investments, where he provided advisory services for physical commodity markets and hedge fund trading strategies.
Steve Alain Lawrence, Balfour Capital Group's chief investment officer (CIO), said of the appointment that «We are delighted to make this significant stride in our global expansion journey,» and Switzerland's status as a financial center and its reputation as a stable country were a perfect fit for the investment house, he.
In addition to the US, the group is represented in Luxembourg, the UK, Ireland, France, and New Zealand.
