2018 Press release
The best get the trophees !
The BANCO Swiss Hedge Funds Awards 2018 have rewarded 22 winners among the 230 funds that lined up for this year’s competition in 9 different categories. The ceremony, which took place in Geneva, also honored a prominent personality in the field of pension fund management, Me Jacques-André Schneider, to launch the BANCO Swiss Pension Funds Awards, which will take place in June 2019.
Lausanne, October 19, 2018 – The 12th ceremony of the BANCOawards took place yesterday evening in Geneva (Switzerland), at the Four Seasons Hotel des Bergues. The 2018 lineup saw 230 funds compete for a trophee in 9 different categories over periods of 1, 3, 5 and 10 years, with an almost equal number of single hedge funds and funds of hedge funds among participants.
Compared to 2017, the number of funds duly registered for public distribution in Switzerland (as opposed to funds restricted to qualified investors) has again increased (69% against 62% in 2017). This evolution has been constant over the last 3 years already. It shows a growing interest among fund promoters for Switzerland. This market does indeed have a high density of sophisticated institutional investors, such as banks, family offices and, last but not least, pension funds – the majority of which are readers of BANCO.
Indira C. Tasan, chairman of the Jury and editor-in-chief of BANCO, said “BANCO is proud to present such high quality hedge funds to its institutional readers. The winners are exactly the funds that most investors are looking for: funds that offer the highest possible performances with the least possible drawdowns”.
Among the members of the Jury of the BANCO Swiss Hedge Funds Awards, two are pension funds managers (Grégoire Haenni, from the pension fund of the state of Geneva CPEG, and Nicolas Salomon, from the CERN Pension Fund), one is an adviser to pension funds (André Augustin, from KIS Key Investment Services), and one is a fund administrator (Christian Carron, from Gerifonds). This explains why the choices of the Jury deliberately reflect the needs of retirement schemes.
The event was also the occasion for BANCO to launch the BANCO Swiss Pension Funds Awards, by giving a prize to one of the most prominent personalities in the field of Swiss pension fund management, Me Jacques-André Schneider. A law professor at Lausanne University, member of the Federal Commission on retirement and old age, surviving dependants and disability insurance, Me Schneider is the author of numerous books dedicated to the Swiss retirement system and has played a major role in the evolution of its legal framework.
Next year, the BANCO Swiss Pension Funds Awards will offer a program of conferences and give out prizes based on the assessment of a jury of industry professionals. The event will take place on June 5, 2019, whereas the BANCO Swiss Hedge Funds Awards will remain in October (31.10.2019).
Pictures from the ceremony of the BANCOawards 2018 will be published in the December edition of BANCO, dedicated to hedge funds, but will also be found on in the coming days.