Schroders brings together all its business units in Zurich under one roof, moving to the historic Schanzenhof
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."
Schroders Group celebrates 220th anniversary
The move coincides with a significant milestone for Schroders: the 220th anniversary of its founding. In Switzerland, the company has been operating since 1967 and has established itself as a reliable partner for a demanding clientele. Schroders has a significant presence in Switzerland, employing several hundred people locally.
For further Information, please contact:
Alice West, Senior Corporate Communications Manager
Tel: +41 (0)44 250 12 26 / alice.west@schroders.com
Note to Editors
Schroders plc
Founded in 1804, Schroders is a global investment management firm with around CHF879* billion (£773.7 billion) assets under management, as at 30 June 2024. Schroders continues to deliver strong financial results in ever challenging market conditions, with a market capitalisation of circa CHF7.5 billion (£7 billion) and over 6,100 employees across 38 locations. The founding family remains a core shareholder, holding approximately 44% of Schroders’ shares.
Schroders has benefited from a diverse business model by geography, asset class and client type. It offers innovative products and solutions across four core growing business areas; asset management, solutions, Schroders Capital (private assets) and wealth management. Clients include insurance companies, pension schemes, sovereign wealth funds, high-net-worth individuals and foundations. Schroders also manages assets for end clients as part of its relationships with distributors, financial advisers and online platforms.
Schroders aims to provide excellent investment performance to clients through active management. It also channels capital into sustainable and durable businesses to accelerate positive change in the world.
Schroders’ business philosophy is based on the belief that if we deliver for clients, we will deliver for our shareholders and other stakeholders.
At home in Switzerland for over half a century – here we have three businesses; each with its own emphasis, all with the same clear focus on meeting clients’ needs and adapting to a changing world:
- Schroder Investment Management (Switzerland) AG is our investment management business. It offers institutional and intermediary clients a wide range of Swiss-domestic and foreign-domiciled funds, along with bespoke investment mandates.
- Schroder & Co Bank AG provides bespoke Wealth Management services to private individuals, family offices, external asset managers and charities.
- Schroders Capital Management (Switzerland) AG provides private equity investment services to institutional investors, namely pension funds and insurance companies globally, giving access to select private market segments through primary, secondary and direct/co-investments.
In Switzerland, Schroders employs over 450 people. Together they are responsible for around CHF 41 billion.*
**as at 31 December 2023 / Find out more about Schroders at www.schroders.ch
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