Michel Thierrin

Banque Cantonale Vaudoise (Securities) (BCV Securities) is the brokerage division of State of Vaud’s Banque Cantonale Vaudoise (SWX: BCVN), a cantonal bank headquartered in Lausanne, Switzerland. Founded in 1845, BCV Securities provides trading services through their TradeDirect, an online trading platform that provides access to over 25 global stock markets in real time and with customizable trading tools.

Bordier & Cie SCmA (Research Firm) is the investment research division of Bordier & Cie SCmA in Switzerland. Headquartered in Geneva, the firm was founded in 1844 and offers research for Swiss and European equities. They provide research on global macroeconomic trends with a sectoral approach throughout Europe on the European stock markets particularly DJ Stoxx 600.