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Swiss boutique bolsters HY star’s team

Swiss boutique bolsters HY star’s team

Swiss investment boutique Fisch has hired high yield credit specialist Atish Suchak to help grow credit research operations, Citywire Selector has learned.

Suchak spent three years with Barings in its global high yield credit operations, having joined from Invesco in March 2013.

A spokesperson for Fisch AM told Citywire Selector the addition of Suchak was a response to growing demand for its high yield bond fund, which has seen assets increase in recent years.

This will see Suchak work alongside Citywire A-rated Peter Jeggli, who is head of credit research, and portfolio manager Kyle Kloc.

The spokesperson added: 'The new addition helps in expanding the fundamental research and Suchak will work with that as a senior credit analyst.

'His focus is going to be initially on the high yield side and we have had tremendous growth here, so this adding to the resources to the product and to support the growth we have enjoyed.’

On a three-year basis, the Fisch Bond Global High Yield fund returned 12.26% in euro terms. Its Citywire-assigned benchmark, the BofA Merrill Lynch Global High Yield TR EUR Hedged, rose 13.2% over the same timeframe.

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