29 March 2021
RAM Active Investments appoints Andrew Fraser as CEO
Geneva, 25 March 2021 – RAM Active Investments SA (“RAM AI”) is pleased to announce that, subject to regulatory approvals, Andrew Fraser will join the firm as Chief Executive Officer, taking this function over from Thomas de Saint-Seine.
Andrew Fraser will join RAM AI bringing over 25 years of experience in asset management globally, specifically in systematic asset management having held senior business development and management positions in the US and Europe. Upon regulatory approval, he will join RAM AI’s Executive Management Committee and the Board of RAM AI.
Three years after the transaction that saw Mediobanca take a majority stake in RAM AI, this transition will see Thomas de Saint-Seine and Maxime Botti leave the firm. Thomas and Maxime were founding members of RAM AI, since 2007, and alongside Emmanuel Hauptmann, successfully built RAM AI to a multi-billion-dollar asset management firm with the creation of an innovative and diversified product range in systematic equities, fixed income, systematic macro and multi-asset strategies.
Andrew Fraser declares: “This is a fantastic opportunity to join RAM AI and lead it in the next phase of growth. I am delighted to be joining the firm at this time and working with the RAM team and the support of the Mediobanca Group to develop market leading solutions for investors”.
Thomas de Saint-Seine declared: “After this fantastic human and professional journey, the time has come for me to hand over to Andrew Fraser who can rely on our solid platform and people. I am extremely grateful to all the RAM employees who have been the foundation of our success over the past 15 years. RAM AI will continue to grow and diversify thanks to our talented and committed team with promising new initiatives on ESG, Fixed Income and Systematic Macro and the strong support of our main shareholder Mediobanca”. Maxime Botti added: “It has been a pleasure to play my part in RAM AI’s leadership over the last 15 years. I am very thankful to my colleagues, many of whom have become dear friends. I wish RAM AI and Mediobanca great success as they move into a new era with this exciting partnership.”
Thomas and Maxime will ensure a smooth transition to the new leadership. Specifically, Thomas’ responsibility for the Multi-Asset portfolios and Maxime’s responsibility for the systematic macro activities have been transitioned to the funds’ dedicated portfolio managers, respectively Hasan Aslan and Tony Guida & Philippe Huber, who have been involved in the management of these capabilities for the past few years. Emmanuel Hauptmann remains a shareholder and will remain focused on his investment responsibilities. Emmanuel said: “We wish Thomas and Maxime the best in their future endeavours. I look forward to working with Andrew, as I and the whole team at RAM dedicate ourselves to provide investors value-adding investment solutions, delivering sustainable returns."
As a result of this evolution, Mediobanca will own 87.1% of RAM AI’s capital.
About RAM Active Investments:
RAM Active Investments is a systematic and discretionary asset manager with a long experience in creating value for its customers. Research is at the heart of their disciplined approach to investment, which enables them to identify and continually exploit new market inefficiencies by adopting the latest innovative technologies.
More recently, RAM AI has launched the Stable Climate Global Equities strategy to reflect its strong ESG expertise and an innovative Systematic Macro strategy. RAM AI is also increasing its footprint in fixed income and multi-asset activities.
Founded in 2007 by Thomas de Saint-Seine, Maxime Botti and Emmanuel Hauptmann, Ram Active Investments, an affiliate of Mediobanca Group since March 2018, operates independently worldwide with more than 30 employees including 13 professionals dedicated to investment and four offices in Geneva (headquarter), Zurich, Luxembourg and Milan.
Ranked among the best capitalised Banks in Europe, Mediobanca is a listed specialised financial group with an integrated business model based on Wealth Management, Consumer Banking and Corporate & Investment Banking. Mediobanca is committed to growing its Wealth Management and Alternative Asset Management platforms, both organically and through acquisitions.