Offers

Markets are neither efficient nor do people always act rationally. This is why we consistently think in scenarios. From this, we derive a forward-looking investment strategy that offers guidance even in turbulent times. Our investment approach is based on a fundamental and critical assessment of the markets.

Our investment process is forward-looking and valuation-driven. Depending on the market environment, we deliberately deviate from common indices – at both regional and sectoral level. We are convinced that a well considered and actively managed diversification of your portfolio across asset classes, sectors and regions pays off over the medium term.

Across asset classes, we prefer real assets such as equities to nominal assets such as bonds or cash, as the latter continuously lose purchasing power over time. We have confidence in the continued strength of the Swiss franc. In addition, gold is the best currency alternative for Swiss investors. In our mixed mandates, we selectively complement the portfolio with alternative investments. Their performance drivers differ fundamentally from those of equities, making them a preferred alternative to bonds.

For long-term investment success, it is essential not to overpay for an investment. In our research approach, we therefore attach far greater weight to attractive valuations and genuine cash flow strength than to mere visions and dreams for the future.