Boutique wealth manager hires fixed income specialist
London and Monaco-based asset manager Ambix Capital, formerly owned by collapsed investment bank Lehman Brothers, has hired a fixed income specialist to develop the group's bond business.
Marco Sticchi joins from Whitebream, a London-based asset manager, to head up the new business.
Ambix Capital was bought out from Lehman Brothers's administrator last year by its main fund manager, Pier-Alberto Furno, who owns 100% of the business. It has approximately $370m in client assets under management and services high net worth individuals and family offices.