Zurich, February 5, 2010: Swiss wealth managers apply lessons learnt from the financial crisis to daily business – Steps taken to adapt investment portfolios
Lack of transparency, poor risk management, excessive leverage coupled with little capital backing have plunged the banking sector into a crisis it still struggles to overcome. While the financial industry is still discussing what is there to learn from the worst crisis in the last 70 years, asset management firm Helvetia Wealth AG is already acting to apply those lessons to its daily business, quickly adapting the portfolio of investments and services it offers its clients. “We have strengthened our risk management policy by carrying out more extensive research before a product is put on the market and we expand our offerings in capital protection investment”, said the company’s Chairman Ottmar Ruoff. – Shepard Fox Communications – Helvetia Wealth’s PR consultancy as well as their press office – wrote the press release, distributed it to financial media and answered all media requests.
Press Release (English), Press Release (German), Screenshots of Wire Distribution