Swisscanto and BCV conclude cooperation agreement

Swisscanto Invest and Banque Cantonale Vaudoise (BCV) now jointly manage the Swisscanto (CH) Real Estate Fund Switzerland indirect.

Swisscanto Invest and BCV enter into a cooperation agreement (Picture: Gajus-Images-depositphotos)

The cooperation between Swisscanto Invest, the asset management arm of Zürcher Kantonalbank, and BCV was concluded at the beginning of May. The institutions expect this to "bundle their know-how and provide optimum coverage of the Swiss market", they write in a statement.

The coordination between the asset management departments of the two cantonal banks takes place via a joint Investment Committee. Swisscanto Invest is responsible for the selection of listed real estate funds, while BCV is responsible for investments in listed real estate shares and all non-listed securities. Both the pricing and the investment policy of the fund, which invests mainly in Swiss real estate funds and real estate shares, remain unchanged. (ah)

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