New Swiss pension services network launched
A new open architecture pension service is now on offer to small and medium-sized independent pension funds in Switzerland after Global Asset Management and Kessler & Co., an insurance broker, became partners in the Noventus PensionPartner network. Ecofin, a financial consultancy, launched the latter on 28 August 2003 to provide pension funds with integrated and tailored asset management and advisory services, as well as operational management, administration and insurance.
Global Asset Management is contributing its multi-manager platform to the venture, a concept that allows clients to simultaneously benefit from the investment strategies of twelve institutional managers from around the world. Ecofin is providing strategic asset allocation, and Kessler & Co insurance coverage.