Written by Sarah Praetorius

Alberto J. Safra has launched the new asset manager, ASA Asset Management Switzerland, this February. ASA Asset Management Switzerland will be based in Geneva. The new Swiss home of the company is Rue de Jargonnant 2, Geneva.

According to finews.com sources, «the company may establish branches in Switzerland and abroad, create subsidiaries, participate in companies with a similar object, as well as acquire, hold, manage, encumber, exploit and dispose of intellectual property rights».

Albert J. Safra is the son of the late Joseph Safra, who ran the Brazilian banking and investment empire, Safra Group. He will chair the new asset manager. Eduardo Filho Sosa, Ilona Brandt, and Tobias Brunner are other members.