Highly regarded for its banking and finance sectors – among other well-recited cliches – Switzerland has always marched to a different beat than the rest of Europe. Built on sacred levels of privacy, the landlocked country’s secretive banking sector has moulded its local institutions into global giants, able to take advantage of the idiosyncrasies of their home market.
On the back of this, Switzerland has become one of the deepest investment bases in Europe, with roughly CHF7trn assets under management (AUM), dominated by investors across its insurance and private banking sectors....
This article first appeared in ETF Insider, ETF Stream's monthly ETF magazine for professional investors in Europe. To read the full article, click here.
