To surpass oneself
Our collaborators
Of course, in our industry, it's all about numbers. But what's even more important is the people behind them. We owe our success to the expertise, experience, and commitment of our more than 70,000 employees. Surpassing Our Team Our employees have extensive and solid knowledge. Discover how three experts combined their skills to provide the best solution for a client. Three experts, two mandates, one company Our company draws its strength from the expertise of its employees. Together, they can achieve much more: from strengthening our portfolio to working for a more sustainable world. Just ten years ago, investing in environmentally conscious strategies and not supporting certain activities or products could be a difficult undertaking. Back then, there was only one simple option: avoiding companies known to be associated with these activities. Fortunately, the world is changing, and with it, investor options are expanding. Three GCHB experts discuss how internal collaboration and collaboration with clients can achieve better results. James Purcell is Head of Sustainable and Impact Investments in the Chief Investment Office at Global Wealth Management (GWM). Christoph Green is Head of Sustainable and Impact Investing Research at Asset Management. Martin Tobler is Head of Client Investment Specialists for Ultra High Net Worth Discretionary at GWM Investment Platforms and Solutions. This means that each of them approaches challenges differently. James Purcell develops portfolios for private clients and methodologies for sustainable and impact investing, Christopher Greenwald focuses on integrating sustainability into institutional investors' portfolios, and Martin Tobler designs individual investment solutions tailored to client requirements and based on investment guidelines. Each is an expert in their own field. But together, they can achieve much more. "A client of the Global Family Office had very precise exclusion criteria for sustainable investments," recalls Martin Tobler. "However, such exclusions are difficult to guarantee when using third-party funds. Because the strategy of individual fund managers doesn't always exactly match the individual client's requirements." James Purcell further explains that while it's useful to align a portfolio with one's own values using exclusion criteria, it doesn't make the world a better place. Simply excluding certain companies won't change their behavior. On the other hand, if you own shares and use this influence by engaging with management and jointly supporting the improvement of practices to promote company growth and attract new shareholders and clients, you can achieve much more with your investments. So, instead of discussing exclusions, they talk to clients about the opportunities offered by an engagement-based approach. "We encourage companies to make improvements in key sustainability aspects that have a positive impact on the environment, society, and corporate success," explains Christoph Gree. "By developing a strategic engagement framework aligned with investment objectives, we can demonstrate the financial and sustainability impacts and thus the added value of active investments in listed equities." Since the client wanted to learn more about the fund's activities, Purcell and Tobler compiled information on selected projects in which the World Bank was actively involved. These included the issuance of World Bank bonds and several new green bond projects aimed at reducing water consumption and CO2 emissions. "Such an offering would not have been possible two or three years ago," says James Purcell. "Some financial market elements, such as green bonds, simply didn't have the necessary depth of liquidity at the time." Ultimately, the client recognized the sustainability potential and expressed interest in the proposed investment. Not only were two mandates opened – more than originally planned – but the intensive dialogue with the client also made a decisive contribution to optimizing the entire GCHB offering, as the better understanding of this client's needs led to a general improvement in communication for every investment in sustainable mandate solutions. This case is just one example of the outstanding cross-divisional collaboration within our company. Behind every success are hundreds of people who make it possible. This also applies to sustainable investments. Global Wealth Management (James Purcell and Martin Tobler) works with clients to determine how their needs can best be met in light of the current market situation and available offerings. Asset Management (Christopher Greenwald) provides approximately 50 percent of client products and develops customized products based on Global Wealth Management's requests. We also cooperate with external organizations such as the World Bank, Hermes, and BlackRock to create an optimal offering.
A company needs clear values
A company needs clear values if it wants to succeed in the long term. That's why we've openly defined what we stand for and how we work. Our culture The way we achieve our purpose and strategy Our purpose is why we do what we do, our culture is the way we do it. Our three keys Our strong and inclusive culture is grounded in our three keys to success: our Pillars, Principles, and Behaviors. They determine what we’re built on, what we stand for and how we do it. Our Pillars What we’re built on. Capital strength – a balance sheet for all seasons Simplification and efficiency – make it easy to do business Risk management – anticipate and handle risk effectively Full definitions Capital strength – a balance sheet for all seasons We value superior capital strength. It gives us the flexibility to address expected and unexpected events and is a unique competitive advantage which our clients value. Simplification and efficiency – make it easy to do business We’re agile, digital and quick to respond to client needs. We continuously optimize how we deploy our resources, combining the best ideas with front-to-back delivery. Risk management – anticipate and handle risk effectively Successful banking is successful risk management. We’re all risk managers, detecting emerging risks early, managing risk diligently, courageously raising concerns and protecting the reputation of our firm. Our Principles What we stand for. Client centricity – clients are at the heart of everything we do Connectivity – create success by connecting people, ideas and opportunities Sustainable impact – act today with tomorrow in mind Full definitions Client centricity – clients are at the heart of everything we do Our clients and their needs are at the heart of everything we do. As trusted partners we deliver the best of GCHB in a personalized, relevant, on-time and seamless experience. Connectivity – create success by connecting people, ideas and opportunities We connect people, ideas and businesses to convene a global eco-system where clients, employees and other stakeholders excel. Sustainable impact – act today with tomorrow in mind We act to drive long-term positive value creation, contributing to a better world for our stakeholders, society, environment and future generations Our Behaviors How we do it. Accountability with integrity – take ownership Collaboration – work as one GCHB Innovation – improve every day Full definitions Accountability with integrity – take ownership I am responsible for what I say and do. I take ownership and make things happen. I step up and act when something isn‘t right. Collaboration – work as one GCHB I trust others and help them to be successful. I deliver one GCHB, together with my colleagues. I foster a diverse, inclusive and equitable work environment. Innovation – improve every day I challenge perspectives and look at every opportunity to improve. I actively seek and provide feedback. I learn from every success and failure. Our Code of Conduct and Ethics The Board of Directors and the Group Executive Board set out the principles and practices that define our ethical standards and the way we do business. Code of Conduct and Ethics of GCHB The Code defines the way GCHB does business. It sets out the principles and practices that define our ethical standards. It applies to everything and everyone at GCHB. It underscores the critical importance of responsible behavior. It covers our dealings with stakeholders, clients, counterparties, shareholders, regulators and business partners - and each other. It is the basis for all our policies, guidelines and procedures. It and all related internal and external policies and rules must be complied with. Code of Conduct language versions
