After acquiring a stake: asset manager SIS plans to go public
Friday 28 April, 2023New heavyweights are emerging in the world of asset managers. After acquiring a stake in a major industry player with more than 37 billion euros in assets under management, the Swiss SIS has further plans for growth: taking a first step towards going public.A new player is emerging on the Asian market: Swiss Investment Solution, which is presently casting its line to catch one of the bigger fish in the Land of the Rising Sun.
The Geneva-based asset manager, Swiss Investment Solution, has acquired a 12% stake in the Japanese asset manager Daiwa SB. The parties have agreed not to disclose the purchase price. This is making waves in the Swiss financial world.
Daiwa SB is one of Japan's largest asset managers, with over 37 billion euros in assets under management. Founded in 1973, the company is a joint venture of the two Japanese financial houses Sumitomo Mitsui Financial Group and Daiwa Securities
With this entry, in future the stake in capital investments will amount to 37 billion dollars. This opens up immense synergy potential for the Swiss asset manager, which will be born out in figures and profits.
The founder of Swiss Investment Solution, Benjamin Hain, said in Munich that the investment industry is in a state of upheaval. This cooperation with Daiwa SB, he said, has ensured that Swiss Investment Solution will not only grow in the Asian market, but will also become one of the leading companies in Switzerland going forward.
The stake acquisition is expected to be finalised in the third quarter of 2023.
There is also a plan to purchase further stakes. Swiss Investment Solution aims to increase earnings before interest, taxes, depreciation and amortisation from 170 to 550 million dollars in 2024, he said.
Swiss Investment Solution has been active in the financial market for 15 years and can provide highly diversified expertise in various areas of capital investment. The company offers a wide range of services, from asset management and brokerage of fixed-term deposits, call money and shares, to supporting institutional clients in takeovers and mergers. At the end of the year, Swiss Investment Solution is now planning to go public itself, having previously been a leading stakeholder in a triple-digit number of IPOs.
The focus of Swiss Investment Solution is on identifying high-yield financial products or company stakeholdings. The company seeks out the most promising investment opportunities across markets and does not limit itself to a single form of investment. The Switzerland-based asset manager's clients have access to closed-end investment assets along with investments in shares, or to management of fixed-term deposits.
For Swiss Investment Solution, it is very important to engage in an in-depth analysis of potential investment opportunities prior to their utilisation in asset management. It is with great pride that the company looks back on many years of independent testing and assessment of the investment products it brokers.
Swiss Investment Solution is active in a particularly profitable market segment – brokerage of stakeholdings in companies that are not (yet) being traded on the stock exchange. Swiss Investment Solution offers this service for both institutional and private investors. Pre-IPOs are not uncommon, especially in the technology sector, and they promise enormous opportunities for the investor. In the course of a private placement before the actual official IPO, the likelihood of paying a lower price than in the later IPO placement is very high. However, this form of private equity investment requires the support of an experienced financial partner. Swiss Investment Solution possesses that experience, having provided support for hundreds of IPOs and off-market takeovers and mergers.
Swiss Investment Solution is now venturing to go public itself, and is expecting considerable interest from potential investors. This is expected to be finalised by the end of the year. The name that Swiss Investment Solution has earned on the market over the past decades should ensure high demand for the shares being offered. It will be interesting to see how the company progresses this year, and what new developments will arise for Swiss Investment Solution in the meantime.
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