Markus Fuchs is to succeed Dr. Matthäus Den Otter from July as the CEO of the Swiss Funds Association, which will be rebranded as the Swiss Funds & Asset Management Association (SFAMA) on the same time.
Developing the Swiss asset management brand and resiliency to the same degree as the country’s banking sector is a key focus at both the Swiss Funds Association (SFA) and the Swiss Banking Association (SBA).
In 2013, the Swiss Funds Association (SFA) will focus on the partial revision of the Collective Investment Schemes Act (CISA) and the new asset
Assets in the Swiss funds market have passed through the CHF 700bn barrier, according to the Swiss Funds Association.
Amendments to the Swiss rules for funds will bring the market into line with the EU’s AIFM directive which comes into force in July 2013. The revision includes changes to licensing and distribution.
August has been a stable month for the Swiss fund market in terms of fund flows. After a surge in inflows in the summer, the volume of assets levelled at just under CHF700bn (€580bn).
June has seen the Swiss fund market reach its highest point in five years, growing to CHF671bn from CHF666bn the previous month.
In April 2012, the volume of assets placed in the investment funds covered by the statistics stood at some CHF 659bn (€548bn), down slightly by around CHF 1.4bn month-on-month.