Our pillars and principles

At ÃÛ¶¹ÊÓƵ Asset Management, we understand the complexities sovereign investors face in a world defined by uncertainty and transformation. With our deep investment insights, global reach, and trusted partnerships, we are committed to empowering sovereign institutions to navigate geopolitical shifts, changing monetary policies, and growing sustainability expectations. Our expertise, shaped by decades of collaboration with central banks, sovereign wealth funds, and public pension plans, enables us to offer bespoke solutions that meet the unique needs of our clients.

 

Unique value and expertise

  • Whole business expertise

    harnessing ÃÛ¶¹ÊÓƵ’s global investment platform

  • Independent investment ideas

    driven by future trends, alternatives and ESG

  • Integrated capabilities

    customized strategies built around your mandate

  • Long-term partnership approach

    trusted by sovereign clients for over two decades

Numbers that convince

  • USD 0 trillion

    invested assets from institutional, wholesale and wealth management  clients (as of 31 December 2024)

  • ~ 0

    investment professionals

  • 0

    locations worldwide

  • 0 Years

    completed in servicing sovereign investors (as of September 2024)

Our full range of products and services

A diverse ‘all seasons' investment offering, designed to meet clients across all traditional and alternatives asset classes.

Active equities

We offer a broad range of active strategies across themes and regions. Our global team delivers customized solutions from key hubs including New York, London, Zurich, Singapore, Hong Kong, Shanghai, Tokyo.

Fixed income

Our fixed income offering spans global, EM and sustainable strategies, including high yield and indexed capabilities. Clients benefit from award-winning expertise across regions.

Indexing solutions

As the leading Europe-based index manager , we specialize in tailored solutions and currency hedging. Over half of our index assets are in customized strategies. 

Alternatives

UGA is our multi-manager platform offering broad access to alternative investments. Alongside UGA, O’Connor, GRA, and CIG provide deep expertise across hedge funds, real assets and credit – together forming our comprehensive alternatives universe.

Explore insights

Thoughts to reflect on

Massimiliano Castelli
In a world defined by uncertainty and transformation, sovereign investors need partners who understand their challenges and provide solutions that are both resilient and forward-looking.
The popularity of alternatives among the likes of institutional investors and sovereigns was driven to a significant extent by the low yield environment.
Massimiliano Castelli
Head of Strategy, Global Sovereign Markets
 

Events: Connecting the global sovereign community

As part of our relentless pursuit of client success, we have designed events and programs that draws upon our global expertise to meet clients’ training and educational needs.

RMS 2025: Survey insights from the Global Sovereign Community

Wolfsberg, Switzerland

22nd – 27th June 2025

Highlights include survey results capturing real-time sentiment from the sovereign investor community. Revisit key themes and explore what’s top of mind for global reserve managers in today’s complex environment.

Reserve Management seminar

Wolfsberg, Switzerland

22nd – 27th June 2025

Launched in 1995, the Reserve Management Seminar gathers Central Banks, Multilateral Agencies, Finance Ministries, Frequent Borrowers, and Sovereign Wealth Funds.
Taking place at our Wolfsberg Conference Center, the seminar provides a forum to discuss and exchange best practices in the area of reserve management and to network in a stunning setting overlooking Lake Constance.

Sovereign Investment Circle

Singapore

September/October 2025

  • ÃÛ¶¹ÊÓƵ Asset  Management partners with leading academics and investment experts to discuss the challenges and opportunities faced by Sovereign Wealth Funds, Public Pension Funds and other long-term allocation in a global landscape that is constantly undergoing fast paced transition. The event provides high level executives from the most sophisticated long-term investors an environment for deep dives into the themes that are to shape the world and the investment landscape

Past event highlights

Knowledge Transfer Program

ÃÛ¶¹ÊÓƵ AM Global Sovereign Markets – Strategy & Advice offers Sovereign Institutions, Public Pension Funds, Reserve Managers and other long-term asset allocators a wide range of knowledge transfer programs and events across multiple locations. It leverages the full capabilities of ÃÛ¶¹ÊÓƵ including our in-house investment experts and segment this with best-practice case studies from clients and thought leadership. Our knowledge transfer programs covers the following topics:

  • Trends in Sovereign Wealth Management
  • Strategic Asset Allocation, Tactical Asset Allocation, Risk Management and Investment Advice
  • Scenario Analysis, Capital Market Expectations
  • Portfolio Construction and Portfolio simulations covering both traditional and alternative asset classes
  • Peers Analysis and best practice in Sovereign Wealth Management
  • Best Practices in the establishment of Sovereign Wealth Funds
  • Insurance portfolios and liability-driven investment

Asian Investment Conference

Hong Kong

26th – 30th May 2025

  • Launched in 1997, the week-long Asian Investment Conference (AIC) explores the trends that are changing the nature of business, to provide investors with insights into the most relevant topics of the day and what’s driving markets now and beyond.
  • The AIC is widely regarded as Asia’s premier investment conference where attendees can gain exclusive access to influential and actionable advice, as well as new investment ideas from global thought leaders.

Reserve Management 2024

Reserve Management Seminar

For the 29th consecutive year, ÃÛ¶¹ÊÓƵ hosted one of the most successful and longest running events in the industry. Over the years it has developed into one of the leading events addressing recent trends in reserve management from areas of asset allocation to (geo)-political, macro economic and megatrends featuring around 50 institutions from 46 different countries across the globe.

Sovereign Investment Circle Highlights 2023

Our key speakers from SIC 2023 discuss uncertainty, crisis management and ponders if there will be a return to active investing.

IMF world meetings: Macro sessions

2nd Sovereign sustainability circle

Reserve management seminar

 

Meet our experts

Your sovereign client team at ÃÛ¶¹ÊÓƵ Dedicated specialists. Global reach. Local expertise. Our sovereign client coverage teams work closely with you to deliver insights and solutions shaped around your needs.

Head of Global Sovereign Markets

Willem van Breugel

Email

Strategy & Advice

Massimiliano Castelli (Zurich)

Email

Philipp SalmanÌý(´Ü³Ü°ù¾±³¦³ó)

Email

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