Arete Ethik Invest enters into strategic partnership with Thurgauer Kantonalbank
Zurich, 13th March 2024
- Arete enhances Thurgauer Kantonalbank’s asset management offering in ethical-sustainable investing.
- Thurgauer Kantonalbank will make an investment in Arete, holding around 25 percent of the share capital.
- The exchange of expertise in the areas of sustainability, sales distribution and asset management creates an opportunity for Arete to grow in Switzerland.
The Swiss asset management boutique Arete Ethik Invest AG, which has specialised in ethical-sustainable investments for almost 30 years, is entering into a strategic partnership with Thurgauer Kantonalbank (TKB) in Switzerland from April 2024.
Arete is a pioneer in ethical investing in the DACH region. The company's in-house ethics research team analyses all potential investments according to a comprehensive approach that encompasses 5 ethical perspectives and more than 200 criteria. A unique feature is the independent Ethics Committee, of leading academics who have been setting the bar high for ethical-sustainable investments since the company’s foundation in 1995.
The partnership with TKB will create synergies between the two parties, especially in the areas of sustainability and sales.
TKB will hold around 25 percent of Arete's share capital and be represented on the five-member Board of Directors. Arete will remain operationally independent and continue to pursue its business strategy with a focus on increasing its footprint in Switzerland and ethical investment solutions. Arete's independence assures cooperation with existing banks, financial institutions and other business partners will continue.
"We are delighted to have gained TKB, a solid bank with strong roots in Switzerland, as a partner in order to expand Arete's range of services and anchor them more firmly in the Swiss market," says Oliver Fischer, Chairman of the Board of Directors at Arete Ethik Invest.
Managing Director Roman Limacher added, "This will result in a broader product offering for our clients in the future. The partnership also guarantees the ongoing development of the company in a dynamic market environment."
About Arete Ethik Invest AG
The owner-managed asset management company Arete Ethik Invest AG has been a pioneer in the field of ethical-sustainable investing for private and institutional clients for almost 30 years. Since its foundation, the company's approach has gone beyond using typical ESG criteria, by successfully combining investment expertise with a fundamental understanding and application of ethics as part of their philosophy. Uniquely, an independent ethics committee approves all investments made by the portfolio management team. This committee consists of leading academics from various disciplines as part of a transparent process. This specially developed methodology is characterised by five ethical perspectives that provide a holistic picture of the investment adding a further dimension beyond other traditional sustainable investing approaches. The company offers these strategies to private individuals, institutional clients and through the PRIME VALUES family of mutual funds.
About Thurgauer Kantonalbank
Founded in 1871, the listed financial institution is the market leader in Canton Thurgau, with 850 employees and total assets of over CHF 30 billion. The bank offers a comprehensive range of financial services for private individuals, companies and public institutions. The main owner of the bank is the Canton of Thurgau, which provides a state guarantee for the institution.
For further information please contact:
Roman Limacher, Managing Partner, Arete Ethik Invest AG
E-mail: [email protected]
Phone: +41 44 220 11 22
Oliver Fischer, Chairman of Arete Ethik Invest AG
E-mail: [email protected]
Phone: +49 8085 94 999 99
Arete Ethik Invest AG
Talstrasse 58
CH-8001 Zurich
