Philosophy and investment process
We believe that long-term performance is first of all based on capitalising the money that we have avoided losing.
Our investment decisions, supported by a robust analysis procedure, are made entirely independently and rely only on strong convictions: our clients’ interests are aligned with ours.
Our convictions give our management a true personality which generates value and makes all the difference over time: the preservation and the development of capital is constructed over time.
Contrary to accepted ideas, we believe that seeking to preserve the capital is not contrary to performance. Even better, it favours performance over time.
Therefore, we fully accept that at times we will not be aligned with the consensus: performance and risk management are part of our DNA.
Our investment policy is simple and transparent: our investment committee determines the major tendencies and the allocation of assets according to risk profile. It elaborates placement matrices concerning which it regularly communicates.
In constructing our portfolios, we favour direct investments in securities, shares or bonds when we have the skills and we delegate the management of assets not covered by Bordier Research to selected partners (open architecture).
A full range of investment vehicles.
In connection with the general philosophy of the bank and our approach for selecting direct investments, our internal funds are managed independently and the construction of portfolios remains a reflection of our strong convictions of the moment. While the majority of our peers attempt to maximise on market rises, we believe that the focus should be more specifically on dealing with falls in the markets. This is a position that at times creates opposition (particularly because the basic premise is counter intuitive) but which however has the benefit of reducing rumours and other erratic behaviour. We target an accumulation of capital over time. Moreover, the bank itself invests on its own behalf in all of these funds, which is proof of the alignment of our interests with those of our clients.
Our financial research team
Head of Research & co-CIO Member of the Executive Board
Construction, Industry, Capital goods, Energy, Utilities
Market Economist & Strategist, co-CIO
Equity Analyst / Fund manager
Banking, Financial Services, Insurance
Agathe Bouché Berton
Pharmaceutical, Healthcare, Chemical, Metals, Commodities
Automobiles, Pers. & Household goods, Retail, Travel & Leisure, Food and Beverages
Media, Technology, Telecommunication
Head of Fund Research
Commission fees received from third parties
The Bank may receive remunerations from third parties in the form, particularly, of commission fees, retrocessions or brokerage fees.
The Bank may, in particular, have to levy a fee when the client’s assets are invested in collective investment schemes (funds) or other financial or structured products.
In the case of funds, the fees correspond in general to a percentage of the management fee paid by a fund to its management company.
In the case of structured products, such commissions can, in particular, take the form of a rebate or reimbursement on the issue price or on the fees charged for structuring the product.
The main commission fees likely to be levied by third parties for placing or distributing funds are indicated in the table below for information purposes:
|Product Type||Retrocession received|
|Money-market funds||0.00 % – 0.30 %|
|Bond funds||0.00 % – 0.75 %|
|Asset-allocation funds||0.00 % – 0.75 %|
|Equity funds||0.00 % – 0.85 %|
|Alternative funds||0.00 % – 1.25 %|