Homburger Guides Abegg & Co in Asset Management Authorization

Abegg & Co has been granted a license by FINMA to act as manager of collective assets. The license allows the Zurich-based single family office to take over the responsibility for portfolio and risk management of an AIF from an AIFM whose law, in accordance with the AIFMD, only allows such delegation to licensed or registered financial institutions. Abegg has chosen to seek this license voluntarily under the Financial Institutions Act, despite they being inherently exempt from such licensing requirements.

Homburger represented Abegg & Co before the FINMA. The team was led by partner Jürg Frick (Financial Market Regulation, pictured) and included Manuel Baschung (Financial Market Regulation), Claudine Schär and Maria Braun (both Corporate / M&A), as well as Stefan Oesterhelt and Miriam Kämpf (both Tax).