Wed, Oct 26, 2016
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Switzerland reinforces asset management industry

Thursday, February 07, 2013

Jean Keller
Benedicte Gravrand, Opalesque Geneva:

The Swiss financial centre is reputed more for its wealth management than its asset management industry. But with the ongoing changes in its funds law (which should be implemented this year) and plans from financial associations to strengthen this part of the business, some say the Swiss asset management industry could gain a lot more prominence in the coming years.

The big issue for Switzerland as a financial centre has been the change in the Swiss banking secrecy laws, which came during the recent financial crisis. This affected the asset base as well as business and innovation. Switzerland has had to deal with more than a few problems in all.

"Paradoxically, this was a very good environment to build an asset management firm," Jean Keller, CEO of Geneva-based Argos Managers, tells Opalesque. "Furthermore, investors are very willing to listen to new stories. Our strategies are mostly niche, so we avoided the general gloom that has plagued the Swiss financial market."

Keller is a member of the Swiss Funds Association (SFA)’s Alternative Investment Council (AIC), which aims to strengthen the interests of alternative investment activities in Switzerland. Their pamphlet mentions that, for example, 20 of 108 multimanager hedge fund......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. M&A - U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga, Hedge fund Parvus shows hand, toppling William Hill merger deal[more]

    U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga From The fierce battle to buy Britain's biggest private equity group has come to an unexpected conclusion, with the original bidder walking away with the prize. SVG Capital has agreed

  2. Marc Lasry: Energy is still a phenomenal opportunity[more]

    From Distressed debt specialist Marc Lasry said energy debt is still a "phenomenal opportunity" because investors can get "massively overpaid" for the risk they take on. There are "huge opportunities" in the energy sector especially in restructurings, the Avenue Capital Group CEO said Tues

  3. Opalesque Exclusive: Ex-SAC manager re-emerges with market neutral hedge fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A manager re-emerged from the SAC battleground last year to launch his own hedge fund under the umbrella of New York-based investment firm Endicott Group.

  4. North America - Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation, Billionaire hedge fund titans Dinan, Lasry on election, markets and best investment ideas[more]

    Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation From Kyle Bass, founder of Hayman Capital Management, on Wednesday warned that the U.S. is headed toward so-called stagflation. Stagflation is typically described as persistently high inflation and hi

  5. David Einhorn speaks on passive investing, Mylan, his cheapest stock, the Fed[more]

    From Greenlight Capital hedge fund manager David Einhorn (Trades, Portfolio) joined nine other famed investors on Tuesday to talk about stocks at the annual Great Investors’ Best Ideas Investment Symposium in Dallas. Presenters at the annual conference typically pitch one or severa