In May 2013, the volume of assets placed in the investment funds
covered by the statistics compiled by Swiss Fund Data AG and Lipper reached around CHF763bn, a slight rise of CHF2.6bn month-on-month.
Exchange traded funds (ETFs) are set to become increasingly used by institutional and private investors alike, according to a Swiss Funds Association specialist committee, which stresses the standards and transparency of the asset class.
The Swiss Funds Association is to change its name to become the Swiss Funds and Asset Management Association, SFAMA, effective 1 July 2013.
Swiss investors have finally plucked up the courage to put money into equity funds, after months of shying away from the asset class.
Zürcher Kantonalbank (ZKB) in Switzerland has topped the list of most popular fund providers in the country in terms of net sales for September.
The Swiss parliament has approved the partial revision to the Collective Investment Schemes Act (CISA) this week, following a proposal earlier this year.
Allocators in Switzerland have been selling off holdings in multi-asset funds with rigid equity allocations this summer, despite the popularity of the asset class elsewhere in Europe.
FINMA, the Swiss Financial Market Supervisory Authority, has opened a consultation on the rules of the Collective Investment Schemes Bankruptcy Ordinance.
The volume of assets placed in investment funds covered by the statistics in May came to some CHF664bn, down just under CHF4bn month-on-month.
The Swiss Funds Association said it welcomed the decision by the Swiss Council of States to approve most of the amendments to the Collective Investment Schemes Act (CISA) proposed by the Committee on Economic Affairs and Taxation.
The Swiss Funds Association is launching the trademarked SFA Yield on Investment Indicator (SFA ARI) for exchange-listed Swiss real estate funds, allowing investment yields generated by funds to be compared for the first time.
Recent headlines about Switzerland have highlighted the slow death of banking secrecy, but its asset management industry is in just as much flux.