At a Glance
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PPCmetrics has been providing consulting services to institutional investors and private investors since 1991
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We advise private investors on their investment strategy as well as the cost-effective implementation and professional monitoring of investments
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To avoid conflicts of interests, PPCmetrics strictly offers no asset management services
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Our advice is fully independent. Remuneration is on a cost basis only.
Private Investors, Family Offices and UHNWI
Private investors, family offices and UHNWI (Ultra High Networth Individuals) increasingly wish to be treated in the same way as institutional investors. However, there is still a considerable quality and cost difference between asset management for institutional and private investors. PPCmetrics can guarantee that private assets are invested in accordance with the same principles as for professional institutional investors.
We provide the following services for private investors:
- Independent determination of the most suitable investment strategy / ALM (Asset Liability Management), bearing in mind the specific return expectations and restrictions
- Support in asset manager selection, formulation of investment guidelines, and contract negotiations
- Evaluation of asset management fees, including portfolio analysis for hidden charges / retrocession fees
- Portfolio analysis: independent evaluation of current investments with respect to the performance, costs and risks of the investment vehicles being used
- Investment controlling: on-going, independent assessment of investment results
Publications
UBS Takeover of Credit Suisse
On the evening of 19 March 2023, UBS announced its intention to fully acquire Credit Suisse in close coordination with the Swiss Financial Market Supervisory Authority (FINMA), the Swiss National Bank (SNB) and the Swiss Confederation. According to the SNB's press release, the transaction is necessary to secure financial stability and protect the Swiss economy. In our presentation, we summarise the most important facts about the takeover as well as possible implications for investors.
Current Facts About Credit Suisse
Distortions at the banks in the USA as well as statements by major Credit Suisse shareholders led to renewed high price declines in Credit Suisse's bonds and shares. The bank's stability is particularly at risk if it enters a negative spiral and is confronted by a significant outflow of client funds. In a media release on 15 March 2023, the Swiss National Bank SNB and the Swiss Financial Market Supervisory Authority FINMA commented on the uncertainties in the market as well as on Credit Suisse.
Transition from LIBOR and Alternative Reference Rates After the End of 2021
LIBOR will be replaced as the reference interest rate in Switzerland at the end of 2021. We explain the reasons for this, show alternatives and point out possible implications for institutional investors.
Interest Rate and Inflation Risk: How Are Pension Funds Affected?
The topic of inflation is currently in the spotlight. Our article looks at the economic context and the historical and current interest rate and inflation risks. It also shows to what extent Swiss pension funds are affected by interest rate and inflation risks and to what extent such risks are acceptable for them.
Illiquid Investments: Challenges ahead
Illiquid investments should appeal to pension funds because of their long-term benefits, but are opportunities equal?
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’?
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
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
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?
Factor-based allocation may be theoretically interesting for Swiss pension funds but it is hard to implement in a practical way.
Factsheets
Private Investors
Portfolio Check
Asset Manager Selection
Comparison of Fees
Investment Controlling
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