Helvetia plans to launch real estate fund
Helvetia has established an asset management company and announced plans to launch its first real estate fund in April.
When announcing its annual results for 2019, Helvetia announced that it intends to launch asset management offerings in the future and has founded Helvetia Asset Management AG for this purpose.
The company will make Helvetia's real estate investment expertise available to third parties in the future, the insurer said. A first real estate fund is to be launched as early as April this year.
With the establishment of the asset management company, Helvetia is broadening its product range and diversifying its sources of income in the form of fee business, it says. (ah)
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