Untapped potential

Many alternative asset fund providers see Switzerland as a honey pot for their products due to its large private banking industry, with clients increasingly seeking absolute returns and pension funds required to return investors at least 3.25% pa.

A report in May from former accounting firm Andersen, found that Swiss banks and financial intermediaries accounted for about $100bn to $130bn of the global $500bn hedge fund industry. But, in relative terms, the amount of individual total assets the tw