We have clear strengths. To build on these strengths we work with partners in many areas. This helps us broaden the basis for our achievements and create a concentrated impact for our customers.
Associated Enterprises
CYD Research GmbH, Zurich
CYD Research GmbH was founded in 2005 on the basis of the findings of research projects on the evaluation of commodity futures carried out under the auspices of Prof. Heinz Zimmermann at the Universities of St. Gallen (HSG) and Basel.
CYD Research is an innovation driver in the field of quantitative commodity strategies. The company considers the active management of risk premiums in commodity markets as the most sustainable source for continuous and consistent investment success. In 2006 CYD Research GmbH has launched the first ever commodity indices that are broadly diversified and conditioned on the term structure, as well as the first market neutral commodity index. Moreover, based on the CYD approaches active (long/short or market neutral) portfolios are managed.
CYD Research GmbH is a subsidiary of Vescore, further proprietor and academic partner is Prof. Dr. Heinz Zimmermann.
www.cyd-research.com
LPX Group, Zurich
LPX Group has pioneered Listed Private Equity index series and is an innovative index sponsor in the field of listed alternatives. The LPX Group index series provide the basis for a broad array of innovative financial products. LPX Group has a major market position in the financial industry as a service provider in the field of listed alternatives.
Under the supervision of Prof. Dr. Heinz Zimmermann, ordinarius of economics and finance at the University of Basel, LPX established the LPX Research Process and a valuation methodology. Vescore has accompanied the foundation of LPX Group in 2004 and is shareholder of the company.
Product and Distribution Partner
Universal-Investment-Gesellschaft mbH, Frankfurt
Universal-Investment is one of the largest independent investment companies (KAG) in the German speaking area. Universal-Investment manages assets of EUR 130 billion in roughly 1000 customized mandates and publicly distributed funds (as of May 2011).
The cooperation of Vescore and Universal-Investment offers investment solutions, which combine Vescore's active allocation management process with a customized VaR limit. The investment process consists of five steps. Vescore is responsible for the beta management, the derivation of return expectations and the optimization of the portfolios. Universal-Investment is responsible for the risk measurement, the portfolio steering process as well as the ongoing monitoring and reporting.
The implementation is conducted either via a risk-overlay on an existing client portfolio or on a single security segment, whereas model portfolios with different risk aversion profiles are available. Risk budgets are individually adjusted to client needs.
www.universal-investment.de
Zürcher Kantonalbank
Zürcher Kantonalbank (ZKB) is Zurich's leading full-service bank and has a national and international focus. With its balance sheet, it is the largest of the cantonal banks and Switzerland's third-biggest bank overall. Building on its extensive competence in the mortgage and loans business, since 1995 it has also developed very successfully in the investment and pensions sector and ranks among Switzerland's 5 leading asset managers. As an independent public institution of the canton of Zurich it benefits from a cantonal guarantee. The ratings agency Standard & Poor's has assigned its bonds and medium-term notes the top AAA rating.
Zürcher Kantonalbank is partner and one of the first clients in the field of GTAA Overlay. A shared overlay product for institutional clients (in particular investment foundations under BVV-2 constraints) exists for the Swiss Market.
www.zkb.ch
Standard Pacific Capital Ltd.
Standard Pacific Capital is partner of Vescore responsible for business development, product distribution and client relationship in Asia.
info(at)stdpac.com