MEDIA INFORMATION Swisscanto now an SBC

Swisscanto Holding Ltd.
MEDIA INFORMATION
Asset Management
Swisscanto now an SBC-regulated “Asset Manager for
Collective Capital Investments”
Berne, 25 June 2007 – Under the new Collective Investments Law, anyone managing
collective capital investments is obliged to be licensed. The Swiss Federal Banking
Commission (SBC) has recently granted Swisscanto Asset Management Ltd., which
has taken over Swisscanto Real Estate Management Ltd., a licence as an “Asset
Manager for Collective Capital Investments”.
In granting a licence, the SBC also stipulated the requirement for consolidated supervision,
as a result of which all Swisscanto Group activities will be subject to SBC supervision.
Integration of real estate management
Swisscanto Real Estate Management Ltd. would also have had to be placed under SBC
supervision by the end of 2007. The Boards of the Swisscanto companies concerned
therefore decided to integrate Swisscanto Real Estate Management Ltd. into Swisscanto
Asset Management Ltd.; this integration has just been carried out.
The merger will not have any repercussions for the staff. The “Real Estate Management”
department will continue to be run by Peter Jaeggi as part of the “Asset Management and
Institutional Clients” division, which is headed by Peter Bänziger, a member of the Executive
Board of the Swisscanto Group.
Some CHF 3 billion of real estate assets under management
Since the various real estate activities were brought together two years ago, Swisscanto has
significantly gained in market presence and reputation in this area.
In this time span, the real estate assets under management for the Investment Foundation
and the funds management company have been increased by 20% to some CHF 3 billion.
Your contact:
Beat Amstutz, Head of Communication and PR
Telephone +41 58 344 43 21, [email protected]
Swisscanto Holding Ltd., Nordring 4, 3000 Berne 25
www.swisscanto.ch
Swisscanto – the Cantonal Banks’ centre of competence
As the Cantonal Banks’ specialised service provider, Swisscanto concentrates on the
development and marketing of high-quality investment and pension products for private
individuals, companies and institutions:
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Investment funds for private and institutional investors
Linked and free pension products (3rd pillar)
Pension solutions for collective and vested benefits foundations (2nd pillar)
Consulting and administration for pension funds
Group assets of the Investment Foundations
Asset management mandates for institutional investors
In Switzerland, Swisscanto is one of the leading fund providers and asset managers:
The total clients’ assets under management amount to some CHF 64.0 billion, over CHF
54.1 billion of which are held in investment funds.
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