Swiss & Global celebrates 20 years of private label services
Swiss & Global Asset Management in Zurich is celebrating 20 years as a provider of private labelling services to international partners.
This service comprises the creation of tailor made investment funds together with each partner. The clients include banks, asset managers, insurers, pension funds and other institutional investors.
The partnership works by combining the fund management offering of the private label partner and the individual services of an administrative and legal nature from Swiss & Global. The fund provider can freely choose the fund name.
By outsourcing these services, the fund provider is able to focus on its core competencies – asset management and sales – without wasting time on administrative and regulatory matters.
Thomas van Ditzhuyzen, head of private labelling Europe, said: “The requirements on asset managers wanting to launch investment products are becoming increasingly challenging. Our partners appreciate that we can take demanding administrative and regulatory work off their shoulders and grant them access to broad market knowledge.”
The first private label fund was established in 1992 in cooperation with Austria’s Erste Bank. Since then, Swiss & Global has established more than 200 funds domiciled in Switzerland, Luxembourg and the Cayman Islands.
The team comprises twelve members and services more than 50 international clients from its Zurich office, with total assets in excess of CHF40bn (€33bn).