Bank J. Safra Sarasin has established a centre of excellence for foundations to provide services and products tailored to mission-related investing.
Led by Ingeborg Schumacher-Hummel and Bernhard Gick, the centre will focus on sustainable investing, a market which has gained prominence over the last few years. For example, in Switzerland, the sector has grown from CHF 10.7 billion in 2005 to CHF 48.5 billion in 2012.
Eric Sarasin, deputy CEO, said: "As Switzerland’s leading provider of sustainable investments, our goal is to be the first port of call for foundations and to provide a comprehensive offering of products and services to cover all their needs."