Audio: Swiss asset management industry goes on offensive to boost European market share

Battle for the future

switzerland-composite-web

Switzerland is at a crossroads for its asset management business, particularly for the alternative funds industry. Next year could be crucial for its survival.

Two major pieces of legislation are due to come into effect in 2013: the Swiss revisions to the Collective Investment Schemes Act (Cisa) in February and the EU’s alternative investment fund managers (AIFM) directive in July.

The idea behind the Swiss rule changes is to bring the country’s laws in line with the AIFM directive as well as to

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