What kind of clients can benefit from the services offerd by Swiss Life Asset Management?
What kind of clients can benefit from the services offerd by Swiss Life Asset Management?
As an institutional asset manager our services are aimed at the following types of customer:

• pension funds of Swiss companies or foreign companies domiciled in Switzerland, public-sector institutions and associations

• Swiss companies or foreign companies domiciled in Switzerland (capital assets)

• health insurance providers

• insurance companies

• foundations and other charitable organisations

How does Swiss Life Asset Management generate added value for its customers through active asset management?
The key to our above-average long-range investment performance is a structured, transparent and disciplined invetment process, which adds value with a combination of tactical asset allocation (top-down approach) and stock picking (bottom-up). We additionally pursue a "core equity" investment style with valuation-based stock selection, actively steering country and sector exposures, style bias (value/growth) and capitalisation tilts (small/mid/large caps).

What products does Swiss Life Asset Management offer?
Our extremely broad range of products can be roughly summarised as follows:

As a pure asset manager, what can Swiss Life Asset Management offer that a bank cannot?
Swiss Life Asset Management focuses exclusively on its asset management activities. We do not therefore offer our own brokerage services or engage in stock exchange trading, preferring to work with various brokers on a "best offer" basis. Neither do we provide custody services. Customers are therefore free to chose their preferred custodian bank. This independence from banks and brokers rules out any potential conflicts of interest and guarantees that orders can be executed on the best possible term in the interests of the customer. At a time when corporate governance is growing ever more important, this is an aspect to which increasing value must be attached.

In addition, with around CHF 100 bn under management (as of 30.06.2005), Swiss Life Asset Management is the forth-largest institutional asset manager in Switzerland, and enjoys the confidence of a number of institutional investors. We were able to acquire further major clients and we awarded a bond mandate of over CHF 500 million by a major Swiss employee benefits institution following an open tender process involving other leading competitors.

Why should I choose an asset manager linked to a life insurance company?
Managing assets for a life insurer is basically the same as managing assets for a pension fund - apart from certain regulatory differences. Life insurer and pension fund alike must each generate targeted returns to match their liabilities structure and both are faced with the same parameters (e.g minimum interest rate, conversion rate). As part of a life insurance group Swiss Life Asset Management has gained considerable know-how in managing proprietary assets and a sound understanding of the investment needs of pension funds from which you can benefit. Our specialist competence in this field puts us head and shoulders above the competition.