Evli Securities, the Finnish investment bank and fund manager, is opening an office in Luxembourg in an attempt to attract more international clients.

Claes Tallberg, the managing director of the asset management business, is set to move to Luxembourg in the autumn, when the new office opens it doors. Evli chose Luxembourg because it is a center for European funds, Tallberg said, adding that the firm will hire additional staff in Luxembourg &quotas the need arises&quot.