Darier Hentsch & Cie, the 200-year old Geneva private bank, has a scientific committee in the back office to support its sector fund managers for its DH CyberFund. The DH CyberFund was launched in 1997 and is active in six sub-sectors. Since then, competitors have followed suit but it was DH that initiated the idea. The ‘think tank’ meets once a quarter to identify trends and offer guidance to managers and is made up of leading lights from key positions in companies and organisations.

New DH ‘brand’ fund

Next Friday, the 15th June, DH will have a fanfare launch for an investment fund dedicated to to companies which develop a brand strategy designed to create added value. The fund was actually launched officially on the 18th May last. Next Friday, luminaries like Nicolas Hayek of Swatch, Peter Brabeck of Nestlé and Simon de Pury will be present at the launch.

Geneva – world capital of private banking

Darier Hentsch & Cie reflects the innovative approach of Geneva’s 200-year old private banking industry to meet the new challenges of globalisation and technological progress.

Effectively, Geneva is the birthplace and the capital of the world’s private banking industry. The dynamism and influence of Geneva as a financial centre is reflected in the density and diversity of the financial institutions present in the city which offers an exceptionally developed financial infrastructure to support Geneva-based corporations in their global activities. Building on its centuries' old banking expertise, Geneva offers all the services that private, corporate and institutional clients may need covering international law, accountancy, auditing, consultancy, insurance, reinsurance, inspection and arbitration. Geneva was the birthplace of private banking and is the heart of the Swiss asset management sector.

Seventy-five banks (including 49 foreign-owned institutions) are headquartered in Geneva while a further 45 international banks have branches here. Industry specialists estimate that approximately 55% of the 3,000 billion CHF in assets managed in Switzerland are directly or indirectly controlled from Geneva. Another criterion is the volume of Geneva-based fiduciary transactions and assets under management. According to a recent study, foreign and Swiss banks based in Geneva account for 30% of the overall volume of fiduciary transactions in Switzerland. Private and institutional assets managed by banks operating in Geneva can be estimated at CHF 1,200 billion. Since Switzerland manages some 35% of global transnational assets, it can be estimated that about 14% of these are managed in Geneva, thus making Geneva the world capital of asset management.

Visit:

‘Geneva - Business-friendly environment for optimum financial growth’: Go to link

Geneva financial centre: Go to link