CA Indosuez (Switzerland) SA - 2018 Annual Report

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CA Indosuez (Switzerland) SA

environment with which all international wealth management players had to contend during this period obviously affected performance, but these adverse cyclical developments also highlighted the decisive CA Indosuez (Switzerland) SA competitive advantage thanks to the broad range of investment solutions offered to our clients. Given the manifest deterioration of traded listed securities, the private equity assets monitored by our teams have been remarkably resilient. Likewise, the significant volumes traded on the forex market on behalf of our clients and the strong growth of capital invested in structured products show that our broad range of products helped to significantly mitigate the impact of a market downturn. Although they are part of the continuation of previously implemented strategic initiatives, the wealth management activities of CA Indosuez (Switzerland) SA helped to deliver more diversified and innovative investment solutions to our clients throughout 2018. The reorganisation of our local offices serving investors is combined with the strengthening of our expertise to provide a service that fully satisfies growing expectations in an increasingly complex financial climate. The long-term consistency of this strategy and the constant concern for prudence that characterise our wealth management services, ensuring and perpetuating our clients trust.

Taking into consideration the stringent and complex regulatory requirements applicable to international wealth management players and in light of our clients expectations, characterised by their high knowledge levels, any enhancements to our solutions must necessarily be accompanied by improvements of the MIS teams levels of expertise. Teams dedicated to these asset classes were strengthened over the course of 2018 in order to meet the growing demands related to investment in private equity and structured products. Likewise, the successful integration of CIC meant that we were able to enhance our expertise in the Asian real estate area, which will enable us to provide support to all CA Indosuez (Switzerland) SA clients interested in this sector in that region. In any case, the implementation of the Shaping Indosuez 2020 business plan requires genuine control over the changes in our headcount in order to fulfil our double ambition of excellence and organisational efficiency. As such, sharing resources among entities is a major challenge for the Indosuez Wealth Management group. CA Indosuez (Switzerland) SA has played a role in these changes by ensuring that the distinctive characteristics of our activity in Switzerland are recognised. Although the teams responsible for products and services were heavily involved in the continuation of our transformation over the course of 2018, the main focus of our activity remains optimal and secure management of the assets entrusted to CA Indosuez (Switzerland) SA. The extremely unfavourable market “Although they are part of of the continuation of previously implemented strategic initiatives, the wealth management activities of CA Indosuez (Switzerland) SA helped deliver more diversified and more innovative investment solutions to our clients throughout 2018.” 

Omar Shokur

Head of Markets, Investment and Structuring