The first IFZ Asset Management Forum took place on 17 january 2019. After a welcoming address by Jürg Fausch, Lucerne University of Applied Sciences and Arts, Lorenz Arnet, CEO of the Asset Management Platform (AMP), gave an overview of asset management in Switzerland. Asset management is defined as the production and management of investment solutions in the form of collective capital investments or individual, institutional mandates. This means that asset management companies offer their products and services mainly to institutional clients such as pension funds, insurance companies, sovereign wealth funds or companies and are therefore to be distinguished from the wealth management business.

Current figures from the IFZ/AMP Asset Management Study 2018 show that institutional asset management in Switzerland manages around CHF 2,200 billion, which is approximately three times the country's GDP. Swiss asset management is characterised by high market concentration and a strong position in alternative asset classes. In his presentation, Lorenz Arnet also pointed out that asset management is an important provider of jobs for well-qualified employees. In Switzerland, around 9,600 people work directly for asset management companies and an additional 44,500 indirectly (lawyers, auditors, consultants, distributors, etc.) in the entire asset management sector. Finally, the most important trends and challenges that asset management has to deal with in the short and long term were presented. Following the introductory presentation, Valentin Ade, Finanz & Wirtschaft, moderated a panel discussion focusing on:

  • The importance of asset management in Switzerland
  • Challenges and opportunities for Swiss asset management
  • Asset management as an integral part of the Swiss financial centre

 

Study & further informationen

 

Foto gallery of the event