Financial planning as the basis of a foundation’s or NPO’s success

At a glance

    • Tailored solutions for all types of foundations (grant making foundations, operating nonprofits, family foundations, non-profit organizations etc.)
    • Comprehensive range of of investment consulting services (distribution policy, investment strategy / asset liability management (ALM), investment policy statement, strategy implementation, sustainable investing, impact investing, selection of banks as well as asset managers and investment controlling)
    • Proprietary model for setting a realistic distribution policy
    • Practice-oriented implementation of sustainable investments
    • Custom-tailored, efficient support for any asset volume

Foundations and nonprofits

Foundations and associations face a variety of challenges, for example statutorily prescribed asset preservation, fluctuating investment returns, reputational risks, and limited human resources. Through targeted support, we help your organization attain its investment and financial goals.

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1. Distribution policy

We support you drawing up a distribution policy in accordance with investment targets (e.g. preserving real value) and the investment strategy. Our proprietary model enables a grantmaking foundation to maintain long-term financial balance (see above chart).

2. Investment strategy and asset liability management (ALM)

We help you determining a strategic asset allocation that reflects both the organization’s risk profile and the risk appetite of the trustees (asset liability management). The aim is that the strategy can be pursued even during investment market downturns.

3. Investment guidelines

Determining a concise yet customized investment policy statement, primarily specifying the responsibilities of the different bodies as well as the investments permitted (investment guidelines). They serve as the basis for awarding mandates to asset managers.

4. Strategy implementation

Together with you, we develop the mandate structure best suited to you. Besides assessing whether mandates should be actively or passively managed, we also assess the extent to which the organization’s purpose is being served through “sustainable” investment.

5. Selection of banks and asset managers / renegotiation of asset management fees

The large number of asset managers makes it difficult to choose the most appropriate one. We offer a professional and systematic selection procedure and a thorough knowledge of the economic, operational and legal criteria and risks. Asset management and bank fees are also essential.

6. Investment controlling

PPCmetrics investment controlling is an efficient management tool for monitoring invested assets. Our tailor-made investment controlling report contains all relevant management information.

 


Contact persons

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Dr. Stephan Skaanes
Partner

Contact

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Dr. Luzius Neubert
Team Leader Investment
Consulting & Controlling
Contact


Publications

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Is faith in past winners justified?

Is faith in past winners justified?

Rankings of top performers are publicly available for retail funds. However, databases for institutional mandates (segregated accounts and institutional funds) are still incomplete and rare. For our historical simulation of picking past winners we use a set of track records that were submitted by asset managers as part of public and non-public mandate tenders for institutional clients in Europe.

Asset Liability Management Today – Is it Still Fit for Purpose?

Asset Liability Management Today – Is it Still ‘Fit for Purpose’?

The target of asset liability management is to align the assets to the liabilities, i.e. managing risks due to mismatches between the assets and liabilities.

Challenges Pension Funds Face due to Low Interest Rates

Challenges Pension Funds Face due to Low Interest Rates

Risk-averse asset-only investors should go for short duration as risk return is distributed highly asymmetrically.

Investment Strategies in the Year 2013 - English Version

Investment Strategies in the Year 2013 - English Version

In the year 2013, there were losses in the bond markets, while equity markets had high positive returns. As a result, the investment results of the different strategies varied widely. Pension funds, which have fully used their risk capacity through a large equity exposure, were able to benefit from this market environment. In addition, currency hedging and investments in corporate bonds, small caps, and non-listed real estate were positive as well...

Is factor-based allocation new?

Is factor-based allocation new?

Factor-based allocation may be theoretically interesting for Swiss pension funds but it is hard to implement in a practical way.

Asset Manager Selection based on historical performance - English Version

Asset Manager Selection based on historical performance - English Version

Historical performance is a frequently used criterion to select asset managers. Our empirical analysis, however, shows that after hiring an asset manager with such an outstanding performance, the asset manager performs significantly worse in the period after the selection. In some cases, the selected managers even performed significantly worse than a control sample.

Asset Manager Selection under Public Procurement Legislation

Asset Manager Selection under Public Procurement Legislation

"Why has the selection process and transparency become more important in the search of asset managers? What is different in a public procurement process under EU Regulation than in a ´normal´ selection process? How to deal with a very high number of candidates? Our experiences with public tenders in the last 5 years"

 


Factsheets

Investment Controlling
 

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Analysis of the portfolio structure

Factsheet

Asset Manager Selection
 

Factsheet

 

Comparison of Fees

Factsheet

Peer Group Comparison

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