Société Générale Securities Services (SGSS) has been mandated by Swisscanto Asset Management International to bolster its cross-border fund sales efforts in France, Italy, Spain, the Netherlands and the UK. The agreement will give Swisscanto access to SGSS’s distribution network of local representative agents as well as SGSS’s central services hub in Luxembourg. SGSS will also […]
The Swiss fund industry grew to CHF891bn (€813.17bn) in 2015 an increase of more than CHF 16 billion or just under 2% year-on-year, the Swiss asset management industry organisation Sfama reports. “With some hefty price swings on the financial markets over the year, 2015 tested investors’ nerve. Pronounced currency fluctuations, the abandoning of the CHF […]
The announcement of the Swiss National Bank (SNB) to abandon the fixed exchange rate between euro and franc, has had a dramatic effect on markets, with the exchange rate plummeting from 1.2009 to 0.9755, the Swiss shares closed at -9%. The yield on 10 year Swiss bonds has turned negative. How did investors respond to […]
The Swiss cantonal banks’ joint venture Swisscanto has announced the launch of a new high yield corporate bond fund, Swisscanto (LU) Bond Invest Secured High Yield, as of 27 June 2014.
Schroders has won approval to distribute the fourth fund in its multi-asset range in Germany and Austria, offering set distributions to investors there at a time they are increasingly starved of yield.
Swiss asset manager Swisscanto has appointed Jan Peterhans as global head of equity portfolios.
Buoyant capital markets worldwide helped boost the total volume of assets in Swiss funds by CHF18.2bn in January, according to figures from the Swiss Funds Association (SFA).