Switzerland's Mirabaud has boosted its asset management arm with the appointment of Deutsche's ex-Swiss equities head, Paul Schibli.

Mirabaud Asset Management has hired Deutsche's Paul Schibli as a senior portfolio manager within its Swiss equities team.

Schibli joins from Deutsche Asset & Wealth Management, where he ran the Swiss equities team, with responsibility for a small and mid-cap fund. He will be based in Zurich.

He will work alongside Patrick Huber to manage various funds and mandates, the firm said. Both will report to Mirabaud Asset Management's chief investment officer of equities, Philip Watson.

The team's analyst manager, Nicolas Bürki, will work with Huber and Schibli to help analyse Swiss companies and manage several mandates.

“We are pleased to welcome a talented stock-picker like Paul Schibli on to our Swiss equities team, which is a strategic asset class for Mirabaud Asset Management, both in Switzerland and further afield,” said Mirabaud Asset Management's chief executive, Lionel Aeschlimann.

“Paul shares our values and our active management approach based on strong convictions. I feel that the combination of Patrick Huber, Paul Schibli and Nicolas Bürki makes for one of the most solid and experienced teams operating in this asset class.”

Mirabaud Asset Management, which manages around SFr 1 billion ($1.07 billion) in Swiss equities, has been busy expanding its teams across Europe, most recently with the hire of Emilio Barberá as senior portfolio manager and analyst for Spanish equities.