onValues is pleased to announce that, as of 1st of January 2015, Peter Wüthrich has joined onValues as a Senior Advisor and Member of the Management Board of the company.
onValues and Peter’s former company, Wüthrich, Henz & Co. Ltd., have been working together and sharing experiences in advising asset owners for a while now. Peter has also been a member of the advisory board of onValues. Over time, it became clear that the respective skills, networks and customer groups complement each other very well and that joining forces made sense.
Peter graduated with a Master's Degree in economics from the University of St. Gallen (HSG) and is a CFA- and FRM-Charterholder. With his long and successful track record in the Private Wealth Management industry, Peter is a seasoned investment specialist who will add value to our advisory services.
onValues continues its work with European foundations in this area. After the Brussels and Zurich meetings, onValues recently helped organise and moderate a third European foundation roundtable dedicated to sharing best-practices in better aligning foundations' capital management to their mission. The roundtable was sponsored by the Foundation for Future Generations and Fondation de France and consisted in two meetings: one dedicated to overall investment strategies and governance issues (13-14 March 2014 in Brussels) and another one focussing more on venture philanthropy and impact investing approaches (3-4 July 2014, also in Brussels). 20 foundations from eight countries participated in the meetings.
Reports on the two meetings (including presentations) can be found at:
March report, and July report
Swiss Sustainable Finance (SSF) aims to promote Switzerland as the leading centre for sustainable finance. More than 60 organisations – financial service providers, investors, research organisations, public sector entities and others – have joined forces to foster social and environmental aspects in investment and financing solutions. onValues has for many years supported this vision and participated in the working group that has prepared the launch of SSF.
Today, sustainable assets of CHF 57 billion are managed in Switzerland, a significant proportion of which is for international clients. Switzerland is also a hub for innovative impact investing strategies. A third of global microfinance investments, for example, are managed by Swiss players.
More information at www.sustainablefinance.ch
onValues has teamed up with other leading independent investment consultancies to launch Advisornet. Members of this network share similar values, i.e. professionality, integrity and independency in their work for asset owners (HNWI/family offices, foundations, pension funds etc.). One of the goals of Advisornet is to support research and foster a public dialogue on the role of and criteria for independent financial consulting.
Members of Advisornet currently include InvestorsDialogue (financial planning), Wüthrich&Henz (investment consulting), FourA (asset allocation), INREIM (real estate investing), onValues (investment consulting). The network is expected to grow to a level of about a dozen firms in the course of the next year.
In a case-study published by the Alliance Magazine, Katy Yung from RS Group and Ivo Knoepfel from onValues describe their work in helping RS Group incorporate climate change considerations in its entire investment portfolio. onValues has been supporting RS Group for years in further developing its sustainable investment strategy and moving its assets from traditional to ESG-inclusive strategies. The case-study shows how climate change risk and opportunity considerations have been integrated in different asset classes ranging from fixed income, to listed equity, private equity and alternative investments.
RS Group’s strategy rests on three pillars: Support (invest in climate change solutions); Avoid (divest from fossil fuel-intense industries); Engage (engage with investment holdings and share experiences with the broader community).
Download the article
«Alliance Magazine - Stewarding wealth»
Read about our impressions from participating in the Global Impact Investing Network (GIIN) conference (10-11 Oct. 2013 in London) in the 'Latest from Alliance' Newsletter.
In a recently published article by Investment & Pensions Europe, Ivo Knoepfel shares onValues' assessment of investment opportunities in the growing impact investment market. Based on its research, onValues estimates that there is USD 70-90bn invested via impact strategies globally, of which about $15bn is microfinance and other themes in developing countries. Community and social investments in developed countries, mainly in the US, make up almost half of the total. A further $20-30bn is accounted for by parts of cleantech, infrastructure and other real assets that are classified as impact investments. Through its proprietary research and databases, onValues helps clients assess the many managers active in the space. The article also includes interesting insights from leading organisations such as GIIN, Bridges Ventures and Social Finance.
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«IPE Article - Beyond microfinance»
onValues contributed to the recently released white paper "Path to the Sustainable Financial Centre Switzerland" that contains a range of recommendations aimed at strengthening Switzerland's position as a leading global hub for sustainable finance. The paper was co-sponsored by Sustainable Finance Geneva (SFG) and The Sustainability Forum Zürich (TSF) and is based on extensive research and dialogue with over 50 key stakeholders. Among other inputs, onValues contributed a detailed benchmarking study comparing the relative strength of financial marketplaces such as London, New York, Luxembourg, Hong Kong, Singapore and Zurich in the broad sustainable finance space.
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«Path to the Sustainable Financial Centre Switzerland»
Peter Zollinger, member of the onValues advisory board and a partner at Globalance Bank, recently co-authored "The Ecological Debt Trap: Why Understanding Global Resource Constraints Helps Protect Families' Wealth" in Family Office Global magazine. In the article, Zollinger and David Hertig cite the fact that humanity currently uses 50% more resources than our planet can provide. They argue that understanding this growing "resource gap" will be key to preserving wealth over the coming 15, 20 or 30 years.
The authors describe how resource scarcity affects all asset classes. Given current market demands for uncorrelated real returns and cash generation, plus the accelerating political and technological reaction to resource scarcity, Zollinger and Hertig conclude that "sustainable real assets marry both aspects and are poised to deliver great results to long-term investors." They offer two showcase investment examples: waste-to-energy biogas in Western Europe and sustainable agriculture in Australia, each with projected 15% real returns per annum and cash flow generation starting in 2-3 years.
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«The Ecological Debt Trap»