The Institute of Financial Services Zug IFZ, part of Lucerne University of Applied Sciences and Arts, and the Asset Management Association Switzerland have produced the sixth edition of the Swiss Asset Management Study providing a comprehensive overview on asset management in Switzerland.

A strong asset management industry proves to be profitable for a wide variety of Swiss interest groups: it is a strong differentiating factor for the added value of the Swiss financial center, contributes to the growth of the gross domestic product, creates jobs, is a relevant taxpayer and generates high contributions to the 2nd pillar of the BVG occupational pension scheme. These are just some of the findings of the new Swiss Asset Management Study 2023, which was published on Monday by the Asset Management Association Switzerland (AMAS) and the Lucerne University of Applied Sciences and Arts (HSLU).

The study results contrast with the very difficult market conditions for the asset management industry last year. At the endof 2022, the assets under management of all Swiss asset managers amounted to CHF 2.9 trillion, which corresponds to a decline of 12.7%. In the first half of 2023, Swiss asset managers were able to make up ground and break the negative
trend of 2022.