Benno Arnold

Helvetic Trust is an active, growth-oriented investor which manages portfolios invested globally across asset classes, regions and sectors, utilizing their specialist expertise in the innovation and technology sectors with a focus on hardware, software and biotechnology firms. They also have a bias towards investments in oil companies, gold mines and raw materials in general. The firm follows a buy-and-hold investment strategy, which allows them to adopt an anti-cyclical approach to international stock markets. Asset allocation is a core element of their investment strategy and is based on top-down macroeconomic research. The firm uses five basic investment models including pure fixed-income, conservative, balanced, growth and pure equity, all of which are structured according to the weightings of the MSCI index. The investment committee discusses strategic matters on a quarterly basis in order to decide how far they can diverge from the basic models. Their strategies include underweighting, neutral and overweighting. Helvetic Trust primarily utilizes third-party research which includes analyses of the business environment and global politics, international equity and bond markets, sectors, interest rates, currencies and raw materials, as well as fundamental microeconomic analyses of individual companies.

ZKB-IM invests across a variety of asset classes and markets, tailoring their investment approach to the individual needs of their clients. Their investment strategy employs a tactical overlay combined with centralized portfolio management across all asset classes including real estate. Their systematic investment process aims to generate added value through active management and global tactical asset allocation. The firm conducts in-house fundamental and quantitative research which they combine with top-down and bottom-up approaches.

Swisscanto is an active, growth-oriented manager which consistently applies the relative value approach. Their investment philosophy is based on modern portfolio theory and emphasizes risk control and risk steering. The firm invests globally in equity and debt with a long-term outlook, generally favoring large-cap European companies. They utilize a credit spread investment approach to invest in bonds and employ a style investing approach for equity. They also make mixed, real estate, sustainable and alternative investments.

CSPB is an active manager which performs in-house research. The firm's Investment Committee defines the investment strategy. In addition, based on the economic and financial analyses carried out by Credit Suisse Investment Research, the Investment Committee decides on the weighting of investment assets in the individual investment vehicles including money markets, bonds, equities, alternative investments, commodities and cash. The firm's Investment Committee also decides on short and medium-term trading options in a three to six-month horizon. The investment policy is monitored continuously at the Investment Committee's weekly meetings.