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Notz Stucki intent on playing an active role in consolidation

Tuesday, June 25, 2019
Opalesque Industry Update - 55 years after its foundation, the Geneva-based asset management firm NOTZ STUCKI has bolstered its governance with an expanded and rejuvenated Executive Committee.

Drawing on its acknowledged investment expertise and its diversification into three complementary activities, the Group clearly states its growth ambitions.

Backed by resources that give it the means to fulfil its ambitions, NOTZ STUCKI intends to actively participate in the consolidation movement on the industry in Switzerland.

Strengthening of the Executive Committee

After spending more than 30 years at NOTZ STUCKI, Bernard Tracewski will retire at the end of the year and is leaving the Executive Committee.

As a result, the Committee has been strengthened and expanded with the appointment of Angel Sanz, named Chief Investment Officer and Head of Asset Management, and Cédric Dingens, who heads the Investment Solutions & Institutional Investors department.

The Executive Committee now comprises Grégoire Notz (Director), Damiano Paternó Castello (Head of Wealth Management), Angel Sanz (CIO, Head of Asset Management), Cédric Dingens (Head of Investment Solutions and Institutional Investors), Patrick Hamon (COO) and Antonio Mira (CFO). In addition, Paolo Faraone (CEO of Notz Stucki Europe and Head of the Management Company business) and Maya Page (Head of Legal & Compliance and Human Resources) are also participating in the Executive Committee as permanent guests.

Perfectly positioned to continue on the path to growth

With CHF 10 billion in assets under management, NOTZ STUCKI is currently one of Switzerland's largest independent asset managers, giving it a clear path to making the investments necessary for its future growth.

At a time when rising costs and regulatory changes such as the Financial Services Act (FinSA) are increasing pressure on smaller establishments, NOTZ STUCKI is firmly intend on playing an active role in the upcoming consolidation movement.

Damiano Paternó Castello explained: "During our 55 years in business, we have gone through several generational handovers within our management. However, most independent asset management firms are often first-generation companies that were not always designed to continue on after their founder's departure. Our experience, combined with a convincing entrepreneurial project and a strong vision of the future, makes us particularly attractive for wealth managers who would like to join an independent structure".

Paolo Faraone said: "We intend to grow in two complementary directions: firstly, through organic growth by capitalising on our current networks, but also by attracting management teams or acquiring existing structures. Our robust organisation and our resources give us the means to put these ambitions into motion."

Cédric Dingens added: "In addition to our long-standing specialisation in alternative strategies, for several years we have developed a broad range of traditional investment solutions that are still aimed at generating alpha. This diversity is an undeniable advantage in the current environment and enables us to effectively respond to investors' different needs".

55 years of innovation serving clients and performance

Since it was founded in 1964, NOTZ STUCKI has always been a pioneer in order to deliver the best possible performance to its clients.

By creating one of the very first hedge funds in 1974, NOTZ STUCKI laid the foundation for the selection of alternative funds and for the management of multi-manager funds. From the end of the 1970s, it realised the huge potential of Asia and Japan by launching funds specialising in these high-growth regions.

More recently, NOTZ STUCKI became one of the founding members of the Geneva-based incubator Fusion, which has accelerated the growth of around 50 start-ups.

A calling: To discover talents

NOTZ STUCKI's investment policy can be summed up in one simple idea, namely that to achieve the best results you need to have the best managers.

Despite being rare, there are nevertheless a handful of highly talented managers who can generate regular outperformance. This is why NOTZ STUCKI has over the years developed a rigorous methodology for selecting these exceptional talents and combining them to build robust and top-performing portfolios.

To supplement these external skills, NOTZ STUCKI has also recruited talented individuals and for more than 20 years has developed a strong in-house investment management expertise in several asset classes.

Committed to the community

As a socially-aware company, NOTZ STUCKI has made its commitment to the community a reality through its philanthropic initiative NS IMPACT, which contributes to concrete local actions.

Every year, NOTZ STUCKI employees choose the projects that will be supported and actively participate in them.

What do you think?

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