The head of Germany at GL Funds is leaving the Swiss asset manager. She will join the sales team at Pioneer Investments.
Saskia Bernhardt has decided to leave GL Funds, the asset management boutique based in Erlenbach on the shores of Lake Zurich. The head of the German branch is joining the sales team of Pioneer Investments, according to a report by «Institutional Investor».
Bernhardt will be based in Munich and advise wealth managers and foundations. Stefan Welk, who joined on May 1, works out of Frankfurt and takes care of the big bank clients and asset managers. The two new sales representatives will report to Nils Hemmer.
Bernhardt joined GL Funds in 2014 from Swiss Alpha to take responsibility for the distribution. In 2015, the manager took charge of Callisto Group, a daughter firm of GL Funds, and was issued with the task to develop the German market for the company.
GL Funds in November 2015 agreed to cooperate with Frankfurt-based Universal-Investment. The Swiss asset manager has been active in the hedge funds industry for two decades and considers itself to be the biggest independent provider of hedge fund funds. The company was founded by Martin Gehring and Roland Leutwyler.
