our core offerings for institutional investors.

Stable.

We focus on where we can add the most value and being your trusted, long-term business partner. 

Bespoke.

Sustainable.

negative yields.

Investors in Swiss bonds currently face extremely low or negative yields, as well as receiving increasingly limited return from lengthening duration.

Solutions: We offer a range of strategies, starting from our highly commended active expertise in Swiss Franc bonds, yield improvement programs such as cross-over corporate bonds and Asia value bonds, as well as a lower correlation to traditional assets including alternative credit exposures, yielding real assets like infrastructure and insurance linked securities/catastrophe bonds.

For investors seeking to reduce interest rate risks, money market offerings such as the ultra-low duration strategy strategy provide investors a high level of liquidity and protection, and a risk free yield in volatile market conditions.

rising volatility and valuations.

The investment landscape is currently characterised by increased volatility arising from factors such as risk aversion, geopolitical risk and uncertainty. At the same time, the expansive policy of the central banks is inflating the valuation of the financial assets. These combined may generate strong market shocks in the future. 

Solutions: Convertible bonds are historically more resilient to moves in interest rates and capture equity returns with less volatility, and a capital floor. Thanks to its unique convexity characteristics, this asset class enables investors to participate in the potential upside of equities, but the bond feature could protect them from the downside.

extra-financial risks and carbon emissions: the sustainability dimension.

In 2017, Switzerland signed the Paris agreement (COP21), committing itself to reduce its carbon emissions.  In the same year, the Swiss Federal Council implemented a survey addressed to the pension plans to measure their carbon footprint.  Furthermore, in 2018, ASIP the umbrella organization of the Swiss pension plans, introduced the concept of sustainability as being part of the fiduciary duties of any board members. Both extra-financial risks and carbon emissions therefore represent challenges for institutional investors.

Solutions: Our approach to sustainability, and in particular our proprietary ESG-CAR methodology provides a thorough analysis of the business practices of all companies in which we invest in. This toolset allows us to reduce significantly the extra-financial and environmental risks of the portfolios of our investors. We feature ESG integration within our investment solutions, a family of indexed Swiss domiciled equity and bond funds, a passive offering with a systematic sustainable overlay, replicating standard equity and bond benchmarks within a maximum tracking error of 0.50%.