OppenheimerFunds has announced the continued expansion of its European business platform with the appointment of Patrik Silfverling as Head of the Nordics and Benelux.
In his new role, Silfverling will be responsible for growing the firm’s sales and distribution footprint with institutional and high-net-worth clients in the Nordic and Benelux regions. Silfverling will be based in Stockholm, reporting to Doug Stewart, Head of EMEA for OppenheimerFunds.
John McDonough, Head of Global Distribution and Marketing, OppenheimerFunds, stated, “We’ve been building our European client base from afar for a number of years, and this appointment further demonstrates our commitment to extend the reach of our global investment solutions to investors throughout the Nordic and Benelux regions.”
Silfverling joins OppenheimerFunds from Franklin Templeton, where he was Director and Head of the Nordics region responsible for developing relationships with investors and distributors throughout the region across all client segments.
“Expanding our presence with clients in key wealth centers across the Nordics and Benelux is critical to building a truly successful asset management franchise in Europe,” said Stewart. “Patrik’s trusted industry relationships and deep multi-asset product expertise will be a significant asset to help lead our business in these important markets going forward.”
Silfverling’s hire is the latest piece of the firm’s continuing buildout of its EMEA platform, following the recent hiring of Dicken Watson as EMEA COO and the opening of its new European headquarters in London.
At the same time, the firm continues to expand its range of UCITS investment strategies on OppenheimerFunds ICAV, an Ireland-domiciled UCITS platform, with the launch of its Emerging Markets Local Debt Fund. The funds on the UCITS platform provide greater flexibility for global investors looking to access these investment strategies.