Schroders, a leading global asset manager with CHF 880 billion of assets under management as of 30 September 2024, is taking a significant step to strengthen its presence in Switzerland: all four of Schroders’ business units in Zurich are united under one roof at the newly renovated Schanzenhof at Talstrasse 11.
The move represents a significant milestone for Schroders, fostering closer collaboration between the teams and strengthening Schroders strategic presence in the Swiss market.
“Switzerland provides a unique environment for financial service providers. Its robust economy, stable political conditions and high wealth density create ideal conditions for us to expand our services further. The new Schanzenhof is a place where tradition meets innovation reflecting our long-term vision for Switzerland. We are proud to strengthen our presence in Switzerland, which dates back to 1967”, says Adrian Nösberger, CEO of Schroder & Co Bank AG and President of the Association of Foreign Banks in Switzerland (AFBS).
The Schanzenhof, with a history dating back to the 17th century, has been meticulously renovated to meet the highest standards of energy efficiency and sustainability. At the same time, the historic building, which forms a central part of Zurich’s old town, has been carefully preserved.
A collaboration and innovation hub
“By bringing together our four business units in Zurich at Schanzenhof, we are setting new standards for client and employee satisfaction,” says Andreas Markwalder, Country Head of Schroder Investment Management (Switzerland) AG and Head of EMEA Client Group. “This will enable us to meet the complex needs of our professional and private clients even more efficiently.”
Schroders brings together the following business units in German-speaking Switzerland at Schanzenhof:
- Schroder & Co Bank AG, specialising in private banking and asset management for private clients and family offices.
- Schroders Investment Management (Switzerland) AG focuses on providing investment solutions to institutional clients.
- Schroders Capital (Switzerland) AG, specialising in private equity services.
- BlueOrchard Finance Ltd., a pioneer in impact investing.
Switzerland represents a key market for Schroders
Andreas Markwalder says, “The stable economic situation and attractive regulatory environment gives us planning security. At the same time, Switzerland is an important global financial centre, with high per capita wealth and a robust network of financial institutions. Our decision to invest in the Schanzenhof project demonstrates our long-term commitment to this unique market.”
Rainer Ender, Head of Private Equity at Schroders Capital Management (Switzerland) AG, adds: “Our objective is to establish ourselves as a leading international investment firm in Switzerland, leveraging our strong local presence. The Schanzenhof provides an ideal platform for offering our national and global clients first-class investment solutions in a sustainable and modern environment.”
Marcel Vogt, Schroders’ project sponsor in Switzerland, also highlights the significance of the location: “Notably, the meticulous restoration of Schanzenhof exemplifies Schroders commitment to blending tradition with innovation. We are proud to spearhead the transition of this historic location into the future, creating an environment that fosters collaboration and excellence.”
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