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TRANSCRIPT
Slide 1June 2009
Growth Through Partnership
EXTERNAL ASSET MANAGER
Dedicated Global Offering forExternal Asset Managers (EAM)
November 2011
Slide 2
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
Slide 4
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)
Slide 5
Why Switzerland ?
Slide 6
Rising National Debt Worldwide, Lower Levels in Switzerland
Slide 7
Write-Downs and Capital Increases in Financial Sector
Slide 8
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
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.
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
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
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
Slide 13
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
Slide 14June 2009
Technology
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
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
Slide 17
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
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
Slide 19
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
Slide 20
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
Slide 21
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
and export
Sophisticated PDF reports by mouse clickSimple data export to Excel
Slide 22
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
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
Slide 24
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
Slide 25June 2009
Execution
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
Slide 27
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
Slide 28
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
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
Slide 30June 2009
Products
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/
Slide 32
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
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
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
Slide 35June 2009
Location -
Global Booking Centers
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
Slide 37
Credit Suisse opens new perspectives
Internet: www.credit-suisse.com/eam
Reto
Schmid
Relationship
Manager
External
Asset
Manager International
P: +41 (0)44 332 15 48F: +41 (0)44 332 39 90Email: [email protected]
Relationship
Management
Contacts
Slide 38
DisclaimerIMPORTANT INFORMATIONFee Disclosure
We may receive fees, commissions or other monetary benefits in connection with this product from third parties. For details please refer tothe specified Fee Schedule in your Credit Suisse Terms and Conditions or contact your Advisor.Marketing Disclaimer
This document is provided to you for your information and discussion only. It is not a solicitation or an offer to buy or sell any security orother financial instrument. Any information including facts, opinions or quotations, may be condensed or summarised
and is expressed asof the date of writing. The information may change without notice and Credit Suisse (UK) Limited and Credit Suisse Securities (Europe)Limited (together Credit Suisse.) are under no obligation to ensure that such updates are brought to your attention.The price and value of investments mentioned and any income that
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
consult with such advisor(s) as you consider necessary to assist you inmaking these determinations. Nothing in this document constitutes legal, accounting or tax advice. Credit Suisse does not advise on thetax consequences of investments and you are advised to contact a
tax advisor should you have any questions in this regard. The levels andbasis of taxation are dependent on individual circumstances and are subject to change.This document may relate to investments or services of an entity/person outside the UK, or to other matters which are not regulated by theFSA, or in respect of which the protections of the FSA for retail clients and/or the UK Financial Services Compensation Scheme may notbe available. Further details as to where this may be the case are available on request in respect of this document. This document hasbeen prepared from sources Credit Suisse believes to be reliable
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