SSI Wealth Management is looking to become a more responsible investor through cooperation with a tried and tested impact investor.
Central Switzerland-based SSI Wealth Management is collaborating with experienced impact investor Carnot Capital, the two companies said.
The collaboration consists of the inclusion of three Carnot funds in SSI’s product portfolio.
Carnot Capital describes itself as an impact-investing pioneer. Founded in 2007 and, like SSI, based in Bäch in Canton Schwyz, Carnot manages three investment vehicles in the field of energy and resource efficiency. All three are managed using impact investment principles.
Customers Looking for More Than ESG
Founded in 2010, SSI is one of the leading independent Swiss wealth managers with 1.7 billion francs ($1.9 billion) under management. It has long used ESG criteria in its investment strategy, but its clients now expect more.
«They want their investments to have an impact.» Managing Partner Oliver Amstad told finews.ch. For that reason SSI would now make widespread use of Carnot Capital’s impact criteria.
The collaboration means that Carnot Capital can expand its own client base.
«This way we can access a sympathetic customer base and together broaden our strategy to various asset classes,» Carnot Capital Managing Partner Rolf Helbling said.
Clear Signs of Change
Helbling said he had noticed a change in attitude to investing in the financial markets, mainly among the younger generation.
«A greater focus on impact is being required as ESG becomes more closely integrated into financial markets,» he said, adding that this could be clearly seen in the fact that at 70% this category enjoyed the highest growth rate of all sustainable investment strategies in 2020.
