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The CN Tower in downtown Toronto.
The CN Tower in downtown Toronto.

Swiss money manager Unigestion sets up shop in Toronto

Switzerland-based money manager Unigestion SA has chosen Canada as its next growth market, opening an office in Toronto and seeking to bring in assets of more than $3-billion in coming years.

The Geneva-based firm runs about $16-billion for clients around the world. Some of that is managed in-house using low-volatility equity strategies, and the firm also constructs custom portfolios of investments in hedge funds and private equity funds for clients. Customers include family offices, endowments and pension plans.