Transcript
Page 1: Presentation senate group2

Slide 1June 2009

Growth Through Partnership

EXTERNAL ASSET MANAGER

Dedicated Global Offering forExternal Asset Managers (EAM)

November 2011

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Slide 2

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Slide 3

CS Private Banking: A Global Franchise

Service locations

Los Angeles

MiamiNassau

San Francisco

Dallas

Chicago Boston

AtlantaNew York

Mexico

CaracasBogotá

Lima

SantiagoBuenos Aires

MontevideoSão Paulo

Rio de Janeiro

Moscow

Cairo

Istanbul

Dubai

St. Petersburg

Abu Dhabi

Beijing

ShanghaiTaipeiGuangzhou

Hong Kong

Bangkok

Singapore

Jakarta

Cape Town

Johannesburg

Athens

Mumbai

Lisbon

Madrid

ParisZurich

ViennaFrankfurt

London

Guernsey

Gibraltar

Milan

Luxembourg

BeirutDoha

Baltimore

Monaco

Sydney

Melbourne

Kuala Lumpur

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Private Banking at Credit Suisse –

Awards We don't like talking about ourselves, but the pundits

doPrivate Banking at Credit Suisse is one of the top names when it

comes to putting your assetsin the right hands. This is confirmed also by the experts, as shown by the various awards wehave received.

Awards at a glanceBest Global Wealth Management House 2011 (Euromoney)Best private bank globally 2011 (Euromoney)Best Bank in Switzerland 2011 (Euromoney)Best Global Bank 2010 (Euromoney)Best Bank in Switzerland 2010 (Euromoney)Best Private Banking Services Overall Global Award 2010 (Euromoney)Best Private Banking Services Overall in Switzerland 2010 (Euromoney)The 2010 asset management elite: magna cum laude (Handelsblatt Elite Report)Best Bank in Switzerland 2009 (Global Finance)Best Private Banking Services Overall in Switzerland 2009 (Euromoney)Best Wealth Management House 2009 (Euromoney)The 2009 asset management elite: summa cum laude (Handelsblatt Elite Report)World's Best Developed Market Banks Awards 2009: Best bank in Switzerland (Global Finance)

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Slide 5

Why Switzerland ?

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Slide 6

Rising National Debt Worldwide, Lower Levels in Switzerland

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Slide 7

Write-Downs and Capital Increases in Financial Sector

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Credit Suisse EAM department

Dedicated unit specialising in provision of services to EAM's for more than 10 years

Segregated and ring fenced organisation embedded within the global Private Bank division

Global presence via dedicated booking centers and staff, operating on CS PB platforms

Servicing more than 1'000 EAM's worldwide

250 dedicated staff globally

Approximately 55 bn CHF Assets under Management in EAM business

Unmatched experience

in servicing EAM globally

Dedicated team and staff

supporting EAM requirements

EAM business operates on

award winning CS PB platform

and technology

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Slide 9

Credit Suisse EAM "Triangle Setup"

Delegation

of client

identification

Dedicated

EAM services

Co-operation

agreement (EAM

contract)

Asset

Management

Mandate

(discretionary

or advisory)

Limited Power of

attorney

Delivery of

banking products

(e.g. Custody,

Brokerage)

Your Client

Full licensed

Documentation of "know your customer" and "flow of funds" due to regulatory duties and co-operation with Credit Suisse

EAMExternal Asset Manager

1

Note 1: EAM = Credit Suisse

term

for wealth & asset managers, family offices, fund providers and

financial advisors.

Presenter
Presentation Notes
Slide 2 – This is an important slide as it is the overview slide to the section and may actually be the only slide in this section that many bankers will use. Is there a more slick design device we can use here incorporating the same content?
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Slide 10

Credit Suisse has a flexible approach based on an open platform where we customize and tailor solutions based on your business needs

Size, structure, lifecycle and clientsIndivdidual needs varyLong term strategic partners

Every EAM is different

We understand EAM‘s BusinessesA focus on understanding your long term goals and objectives

We try and listen

Solutions according to your specific business needsServices to support your future growth

We tailor

Fle

xib

le a

pp

roa

ch

A flexible approach for youWe jointly develop your very own tailored solution

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Slide 11

Manages your partnership across Credit SuisseCo-ordinates access to all the business services of the bankDesigns your own tailor-made solutionHelp and support with day-to-day business needs

Offers EAM specific investment solutionsDevises innovative investment and trading ideasProvides "best in class" transaction servicesAdvises on market news and trends

Credit Suisse has a dedicated team of experienced managers that will assist you in developing the appropriate strategy for your business through a well versed methodology

Relationship Manager (RM) Investment Advisor (IA)

Your dedicated team

Provides access to the whole bank

Credit Suisse –

delivers unrivalled serviceContinuously assisting you through a unified team

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Slide 12

eTools Investment

Products

& Solutions

Tailor-made

Solutions

Basic

Products

& Services

Other

Services

EAM Relationship

Manager / Investment Advisor

Products

& Services for

External

Asset Manager

Tool Coach

EAM Net HomeEAM NetAdvanced ReportingPortfolio NetPrivate Swift NetworkForex TradingFormalities ToolSecure MailPM tool coordination

Investment Advisor

Brokerage and executionFund LabStructured Investment Products

Alternative InvestmentsPrimary- & SecondaryResearch

IB, Solution Partners,

PLF team

etc.

Labelled Fund SolutionsFoundations & TrustsDirect Access TradingDirect Order AgreementsCustomised SIP SolutionsGlobal CustodyLife PortfolioReport consulting

Relationship

Manager

Allround coordinatorAccount setup / FrameworkCustodyExecutionReporting (AIS/IPC)Finance and LeverageCredit CardsPaymentsDay to day troubleshooting

Various

specialists

(legal, tax etc.)

Succession Planning forEAMEAM Events & trainingsInvestment Banking SolutionsPension Fund SolutionsRetrocession reportingRelocation ServicesCash Pooling SolutionsMarket Data Providers

External AssetManager

Credit Suisse offers a "One Stop Shop"Specialist supported with state-of-the-art product architecture

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Unique global offering

Best execution capabilities

Comprehensive Multi-Asset Class

By E-Tool or Dealer

Direct market access

Open product platform, covering all asset classes

Comprehensive product offering, delivering flexible solutions across the whole value chain

“One stop shop” encapsulating all your investment needs

ProductsExecutionTechnology

We have a strong portfolio of products and services to meet your

needs

LocationMulti-booking center, providing access to different market jurisdictions

Comprehensive functionality supported by a powerful transaction platform, state-of-the-art reporting, connectivity solutions and more

Simple to use, real time & flexible

Multi-national technology for all booking centers

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Slide 14June 2009

Technology

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Slide 15

EAM NetHome

FormalitiesApplication

EAM Net

Private swiftNetwork

INVESTNet

Portfolio analysis & investment proposals

Technology

Comprehensive functionality, from a powerful transaction platform to high-end-client reporting

Easy-to-use applications (that are used internally within Credit Suisse)

Real-time connectivity, compatible with many Portfolio Management Systems

Multi-national technology approach for all booking centers world-wide

Competitive advantages

Connectivity with portfolio management

systemsRelationship opening

Global informationportal

Positions, portfolio&transaction

FOREXTrading

PortfolioNet

Reporting & performancecalculation FX deals

Our

easy

to use

technology will support

you

in meeting

your

business

needs

and addressing

the

demands

of your

clients

through

a single

dedicated

platform

EAM TechnologyOne platform for EAM consisting of several integrated modules

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Slide 16

EAM Net HomeEAM Net

Home

Access Booking Platforms Zurich, Singapore and Germany

Access Credit Suisse Private Banking Research. Subscribe to publications

Create watchlists of investments and virtual portfolios

Access forms online and other information for our EAM partners

Secure messaging

Main access point

Global information portal

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EAM Net

Realtime portfolio management & transaction platform allowing access from anywhere at anytime

Place securities ordersdirectly to stock exchangesaround the world, includingbulk orders

Enabling you to obtaininvestment statements & performance calculations, also as PDF

Archive functionality storesdocuments, e.g. statements& legal forms

Versatile tool for portfolio management & transactions

Online trading access

Direct market access

Equity, Bond, Derivative trading

Research & Market Data

Trading

Archiving, portfolio

analyses

&

viewing

and transaction

platform

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Slide 18

Selection and ability to draw up clientlistsInformation of account-overdraftInformation of money-market-maturities

Overview of clients placed in your care, with the option of displaying EAM-specific client responsibility

Client Search by different criteria (e.g. name, domicile, place)

Option to define personalized defaultvalues

EAM Net

Clients

Client search

Settings

Personal views

EAM NetClient Management

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Accounts - Real-time-information of accounts and securities positionsPerformance - Online-information of perfomance as well as direct order possibilitiesPrint outs - Overview of ordered / generated investments- & performance statements

Asset / Liability

EAM Net

Best Execution

Order Entry onlineOverview of pending, settled, and expired stock marketorders of the past 10 daysCorporate actions overviewPosition movement detailedinformationBooking instructions per tradeMove cash between accounts

EAM NetReporting & transactions

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Recent

enhancement

to block order functionality, enables

PM tool

like

functionality, efficient

client

management, time savings

for

your

business

EAM NetPortfolio rebalancing

Generate

group

orders

in only

3 steps:

Define desired target investments

Check selected clients and

calculated

amounts

and adjust

if

necessary

Confirm and submit group order

Chose your

Investment Strategy

Define

Client Groups

Generate

Group Orders

Check

Portfolio

1 2 3 4

3

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Portfolio Net CSHigh-end client reporting

with a wide range of reporting functionalities

Benchmarking & asset allocation

Performance & risk figures

Consolidation & holdings

Historical data

Portfolio Net CS is fully integrated in EAM Net Home and appropriate only for end clients with assets in excess of $15m

Zerlegung

Tracking Errornach

Faktoren

31.12.2005

0.00%

10.00%

20.00%

30.00%

40.00%

50.00%

60.00%

70.00%

Bran

chen

Länd

er

Tite

lspez

ifisc

hes

Risi

ko

Übr

ige

syst

emat

ische

Fakt

oren

Wäh

rung

en

Performance Attribution —Management Effektenach

Branchen

01.10.2005 - 31.12.2005

-0.40%

-0.20%

0.00%

0.20%

0.40%

0.60%

0.80%

1.00%

Cons

umer

Dis

cret

iona

ry

Cons

umer

Stap

les

Ener

gy

Fina

ncia

ls

Hea

lth C

are

Indu

stria

ls

Info

rmat

ion

Tech

nolo

gy

Mat

eria

ls

Tele

com

mSe

rvic

es

Util

ities

Cash

Tota

l

Marktselektion Titelselektion Interaktion

Reporting

Detailed

analysis

TransactionsHoldings and asset allocationRiskReturn details and return time seriesPortfolio vs. benchmarkContribution/attribution

Individuality

Customizable consolidationsIndividual benchmarks

Print

and export

Sophisticated PDF reports by mouse clickSimple data export to Excel

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In addition to the online reporting in Portfolio Net CS we can provide sophisticated and customized reports of up to 80 pages for individual clients in excess of $15m, reports can be generated on a monthly or quarterly basis.

Performance Übersichtrollend

01.01.2005 - 31.12.2005

aktueller

Monat aktuelles

Quartal seit

Jahresbeginn

Portfol

i

o brutto 3.72% 4.46% 27.07%

Portfol

i

o netto 3.71% 4.44% 26.94%

Benchmark 3.94% 3.67% 26.51%

Performance Übersichtmonatlich

01.01.2005 - 31.12.2005

Jan 05 Feb 05 Mrz

05 Apr 05 Mai 05 Jun 05 Jul 05 Aug 05 Sep 05 Okt

05 Nov 05 Dez

05 YTD

Portfol

i

o brutto 2.69% 2.33% 0.02% -3.09% 4.98% 4.66% 4.51% -0.75% 4.79% -2.88% 3.70% 3.72% 27.07%

Benchmark 2.73% 2.26% 0.36% -2.75% 5.14% 4.59% 3.79% -0.52% 4.83% -3.51% 3.36% 3.94% 26.51%

Relativ

(zu

brutto) -0.04% 0.07% -0.34% -0.34% -0.16% 0.07% 0.72% -0.23% -0.04% 0.63% 0.34% -0.23% 0.55%

Performance Übersichtquartalsweise

01.01.2005 - 31.12.2005

1. Quartal

05 2. Quartal

05 3. Quartal

05 4. Quartal

05 YTD

Portfol

i

o brutto 5.10% 6.48% 8.69% 4.46% 27.07%

Benchmark 5.43% 6.95% 8.24% 3.67% 26.51%

Relativ (zu brutto) -0.32% -0.47% 0.46% 0.80% 0.55%

Vermögensstrukturnach Ländern 31.12.2005

Portfolio Benchmark Differenz

Belgien 0.00% 1.93% -1.93%

Dänemark 1.33% 1.33% 0.00%

Deutschland 9.28% 11.35% -2.08%

Finnland 1.49% 2.41% -0.92%

Frankreich 24.37% 15.65% 8.72%

Griechenland 0.00% 1.04% -1.04%

Grossbritannien 38.01% 40.28% -2.28%

Irland 0.00% 1.31% -1.31%

Italien 3.71% 6.37% -2.66%

Niederlande 10.17% 5.74% 4.43%

Norwegen 1.69% 1.22% 0.47%

Österreich 0.00% 0.69% -0.69%

Portugal 1.15% 0.47% 0.68%

Schweden 4.20% 4.01% 0.19%

Spanien 4.01% 6.20% -2.20%

Freie Liquidität * 0.61% 0.00% 0.61%

Total 100.00% 100.00% 0.00%

Vermögensstrukturnach Ländern 31.12.2005

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

35.00%

40.00%

45.00%

Belg

ien

Dän

emar

k

Deu

tsch

land

Finn

land

Fran

krei

ch

Grie

chen

land

Gro

ssbr

itann

ien

Irlan

d

Italie

n

Nie

derla

nde

Nor

weg

en

Öst

erre

ich

Por

tuga

l

Schw

eden

Span

ien

Frei

e Li

quid

ität

Portfolio Benchmark

Zerlegung Tracking Errornach Faktoren 31.12.2005

0.00%

10.00%

20.00%

30.00%

40.00%

50.00%

60.00%

70.00%

Bra

nche

n

Länd

er

Tite

lspez

ifisc

hes

Risi

ko

Übr

ige

syst

emat

ische

Fakt

oren

Wäh

rung

en

Performance Attribution —Übersichtnach Branchen 01.10.2005 - 31.12.2005

Relative Attribution

Marktselektion Titelselektion Interaktion Total

Consumer Discretionary 0.01% -0.13% 0.03% -0.09%

Consumer Staples 0.02% -0.21% 0.02% -0.17%

Energy -0.11% -0.10% -0.01% -0.22%

Financials 0.01% 0.33% 0.00% 0.34%

Health Care 0.00% 0.17% 0.01% 0.18%

Industrials -0.07% 0.46% -0.05% 0.34%

Information Technology 0.00% -0.23% -0.03% -0.25%

Materials 0.03% 0.43% 0.04% 0.50%

Telecomm Services -0.02% 0.00% -0.01% -0.02%

Utilities -0.01% 0.18% -0.04% 0.13%

Cash 0.02% 0.00% 0.05% 0.07%

Total -0.12% 0.91% 0.01% 0.80%

Kennzahlen

31.12.2005

Portfolio BenchmarkAnzahl Positionen 60 552

Standardabweichung 18.55% 17.33%

Beta vs. Benchmark 1.05

Erwarteter Tracking Error (p.a.) 3.28%

Vermögensstruktur

nach Anlagekategorien 31.12.2005

PortfolioAktien 99.39%

Futures * 0.00%

Freie Liquidität ** 0.61%

Kollektivanlagen 0.00%

Total 100.00%

* exklusive Futures in allfällig vorhandenen Kollektivanlagen** exklusive freie Liquidität in allfällig vorhandenen Kollektivanlagen

Zerlegung Tracking Error

nach Faktoren 31.12.2005

PortfolioBranchen 2.40%

Länder 20.01%

Titelspezifisches Risiko 63.60%

Übrige systematische Faktoren 13.90%

Währungen 0.10%

Total 100.00%

Rendite relativ und kumuliert01.01.1997 - 31.12.2005

-120.00%

-100.00%

-80.00%

-60.00%

-40.00%

-20.00%

0.00%

20.00%

40.00%

60.00%

80.00%

100.00%

120.00%

140.00%

-6.00%

-5.00%

-4.00%

-3.00%

-2.00%

-1.00%

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%

7.00%

Jan

97

Mai

97

Sep

Jan

98

Mai

98

Sep

Jan

99

Mai

99

Sep

Jan

00

Mai

00

Sep

Jan

01

Mai

01

Sep

Jan

02

Mai

02

Sep

Jan

03

Mai

03

Sep

Jan

04

Mai

04

Sep

Jan

05

Mai

05

Sep

Relativ (rechte Skala) Portfolio (linke Skala) Benchmark (linke Skala)

Performance Attribution —Management Effektenach Branchen 01.10.2005 - 31.12.2005

-0.40%

-0.20%

0.00%

0.20%

0.40%

0.60%

0.80%

1.00%

Cons

umer

Dis

cret

iona

ry

Cons

umer

Stap

les

Ener

gy

Fina

ncia

ls

Hea

lth C

are

Indu

stria

ls

Info

rmat

ion

Tech

nolo

gy

Mat

eria

ls

Tele

com

mSe

rvic

es

Util

ities

Cash

Tota

l

Marktselektion Titelselektion Interaktion

Asset Allocation Performance Reporting Performance Attribution Risk Reporting

Portfolio Net CS is an exclusive online reporting solution available for selected EAMs who manage large end-client portfolios

Portfolio Net CSHigh-end client reporting

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Slide 23

Asset AllocationsRisk scenario planning Investment ideas and recommendationsPortfolio simulationsIntegration of 3rd party assetsInvestment proposal on paper –good for existing clients and to win new prospects

Help to define your portfolio strategies

Define Asset Allocation

Analyse Structure

Control & Rebalance

INVESTNetPortfolio analysis and investment proposals

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Private Swift Network:

Secure datafeed using standardized SWIFT1

format. Globally and real-time receiving of bank data.

Investment Manager (EAM)

Portfolio Management Systems Reporting, Performancecalculation, Risikanalyse, a.m.m.

Switzerland

SingaporeGuernsey

Gibraltar

Luxembourg

Germany 3rd parties

Transactions-, Portfolio-

and Masterdata

Re-usage of existing environment

Real-time data feed from CS

Efficiency from other custodians

Optimized overview on segregated accounts

Connectivity

Private Swift NetworkMulti client, multi booking center consolidation and connectivity solution

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Slide 25June 2009

Execution

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Slide 26

Daily/weekly advisory flashes, sent via emailAll research and trading is available through our fully customisable and easy to use web interface

Self service (EAM Net)

Delivered across a global footprint

Cross asset class investment adviceProactive trading advice, generalist advice, latest market information Events & road shows

General advice & transactional services

Asset class specific investment advice, access to analystsFull support in execution of tradesFlexible brokerage solutions, with 3rd party custodians

Specialist advice & transactional services

Leve

l of s

ophi

stic

atio

n &

com

mitm

ent

Dep

ende

nt o

n

Day & night desk Events / roadshowsDedicated publicationsEAM Net Research products

Service level that you can expect to receiveService according to level of sophistication

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Panama

Singapore

Hong Kong

Taking into account cultural and language differences, whilst adhering to regulation

Day & night desk Events / roadshowsDedicated publicationsEAM Net Research products

Germany

Luxembourg

GenevaZurich

Basel

Note: Luxembourg, Hong Kong & Singapore Investment Advisory locations are due in 2011

Serving your business on a global scaleProducts & services supported by strong local presence

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Alternative

Investments

Money market fundsMoney market depositsSaving accountCertificate of depositCommercial paper

Investment & non-investment grade bondsEmerging markets bondsCredit derivativesInterest rate hedgingNew issues

SharesIPOsWarrantsRightsConvertibles

Exchange traded derivativesOTC derivativesFutures on equity indices, interest rates, currencies & commodities

Spot, forward & swapsOTC vanilla & exotic optionsFX hedgingFINER

Cash Fixed income

Equity Derivatives(options & futures)

FX & precious metals

Hedging, investing, financing & leverageOil & refined productsBase/precious metalCoal, soft & emissionsGlencore, minor metals & unlisted commodities

Commodities

Hedge fundsSecondary PE/HF stakes of distressed sellersCS and non-CS fundsLeverage diversified portfolios of hedge funds

Hedge funds &private equity

Uniqueservices

Structured cash derivativesStructured fixed income instrumentsStructured FX & precious metalsStructured equity linked productsStructured commodities

Tailor made products

Corporate financeMergers & acquisitionReal estatePrime brokerage

Complimentary services

Traditional

Overview –

investment products capabilitiesComprehensive offering

Presenter
Presentation Notes
Grosse box unten / bullets in spalten
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Slide 29

Online access, personalized screen, round the clock update

Equity, fixed income, FX, economies & strategies

Trader comments, daily reports, model & tools

Equity research includes company information

Alternative investments

Investment Banking primary research

Comprehensive research coverage, including international financial markets, charts, technical analysis

Monthly, weekly & daily research publications

Analysis of macro economics– Regional & sector

Real Estate Analysis– Financial sector & economic policy

Private Banking secondary research

Research

Growth -

researchLatest information to enable the best investment decisions

Presenter
Presentation Notes
No 9
Page 30: Presentation senate group2

Slide 30June 2009

Products

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Slide 31

Fund Lab

Fund Lab provides:

Criteria to compare more than 3,000 funds from over 55 providers

online with chart tools and fact sheets

The opportunity to select and buy the investment funds that best suit

your needs

The transparency needed to directly compare between products

offered by competing companies

Easy access to information, pre-defined search criteria, tansparent,

fair and standardized fees

Details on all Fund Lab funds are

available to

download as a PDF file.

Unique access to the world of mutual funds

Go to: http://fundlab.credit-suisse.com/

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Have Credit Suisse as one single custodian for all your assets

Can continue to work with the portfolio managers of your choice

State-of-the-art standardized or tailor-made investment reporting and online services with performance, portfolio and benchmark comparison

Risk and investment structure analyses

No consolidation work required

Value added to your business and your clients

Global Custody delivers

Global Custody at Credit Suisse Advisors with clients managed by different discretionary managers

CLIENT

Report

Account and safe-

keeping account 1

Account and safe-

keeping account 3

Account and safe-

keeping account 2

Account and safe-

keeping account 4

External portfolio

manager 1

External portfolio

manager 2

External portfolio

manager 3

BrokerBrokerBroker

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Slide 33

Private Label FundsJointly developing a unique fund solution for you.

Structural advice

Trading and investment

Advanced reporting

Administrative support

Because every

client is different...

Fund advisory questionnaire

Initial meeting or conference call between client & fund specialists

Needs analysis

In-depth analysis of business case

First proposal including possible fund structures, service providers & indicative pricing

Client commitment

we tailor a

custom structure...

Fund design

Definition of roles, responsibilities, solution parameters and fund profile

Completion of due diligence documents

compliant with

global standards...

Due diligence

Project management by CS

Drafting of legal documents

Overseeing launch of funds

where we take on

the project lead.

Implementation Life-cycle

Structural Efficiency

Collectively bundled resources enable economies of scale

Transparency and Track Record

Independent service providers calculate (administrator), verify (auditor) and publish Net Asset Value & performance

Market Investment Idea

Open investment ideas to family and friends, new geographical regions or more regulated client groups

Institutional Status

Regulated structure is prerequisite for access to Investment Banking services

Flexible Investment Strategies

Different investment strategies depending on risk profiles through several share classes or sub-funds

Tax Treatment

Potential benefits from tax treatment of funds

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Slide 34

Hedge Fund Advisory

Access to wide universe of Hedge Funds

Advice on Hedge Fund market

Support with Hedge Fund investments

Accessing expertise across Credit Suisse

Improved portfolio structure / capital preservation solutions

Solid HF execution process within Credit Suisse (no third party involved)

Unique Service Offering

A Broad Offering for our EAMs

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Slide 35June 2009

Location -

Global Booking Centers

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Slide 36

Booking centers & service locations

Panama Uruguay

Proximity to market, investment experts within the business

Service desk providing specialist advice for EAM

Switzerland

Booking centers in Zurich, Basel, Geneva, Lausanne and Lugano

“One stop shop”, range of investment solutions

Gibraltar

Alternative EU-based EAM service boutique in a common law jurisdiction

Specialize in mortgages for investments in Spain and Fund set-ups

Multinational and multilingual experts in classical EAM as well as Private Label Fund business

Luxembourg Germany

Dedicated investment advice for German EAM, highly experienced in the German and other

International markets

Second largest booking center after Switzerland

For Asian clients wanting to book locally and europeans looking for global diversification

Singapore Hong Kong

Financial hub of the emerging Asian market, a gateway to China

An experienced and well resourced booking platform

Booking center

Service locations

Locations

First choice for UK resident non-

domiciled clients

Specialists in innovative, tailor-made structures and trust business

Guernsey

Global coverage allows you to book independently of your domicile or clients'

One of the major financial centres in the world

Specialized in serving UK based asset managers

London

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Credit Suisse opens new perspectives

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might accrue could fall or rise or fluctuate. Past performance is not aguide to future performance. If an investment is denominated in a currency other than your base currency, changes in the rate of exchangemay have an adverse effect on value, price or income. You should

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