Newsletter

Thursday, 5 July, 2018
OLZ Newsletter

A «clean» return does not come automatically

Sustainable investment is in the process of transforming from a niche topic to the investment standard for pension schemes. But there are also many private clients who prefer to achieve a clean return. To avoid a clear conscience at the expense of return, the investor has to become active. 

OLZ Newsletter 07/2018

Wednesday, 28 February, 2018

Sustainability, the new investment standard

Sustainable investment is not a trivial matter and raises many new questions.
At the OLZ Smart Investing Day 2018 these questions were the subject of discussions, which are addressed here in the new OLZ Newsletter.

OLZ Newsletter 02/2018

Wednesday, 6 December, 2017
OLZ Newsletter

Fundamental principles for successful investment

Many investors are unaware of the amount of risk they bear in their wealth portfolio. The aim of the first “OLZ Dialog 2017” for private investors was to keep them from making mistakes in their investments.

OLZ Newsletter 12/2017

Friday, 30 June, 2017
OLZ Newsletter

An atmosphere of false security prevails on the markets

Constant growth without inflation: However, Carmine Orlacchio, OLZ CIO and Founding Partner, warns against abandoning risk consciousness despite the alleged perfect investment conditions. With their risk-focused minimum variance approach, OLZ achieves better returns in the long term than the market.

OLZ Newsletter 06/2017

Friday, 10 February, 2017
OLZ Newsletter

5th Smart Investing Day - Aiming at the false target

In recent years capital has increasingly flown from actively managed funds to passive products, such as exchange trade funds (ETFs) or index funds. The advantages of passive investing are obvious: It is simple, fees are low and there is no risk of tracking errors against the capital weighted market index as benchmark. The disadvantages are less well known: Capital weighting leads to a market average. There are more efficient portfolios with less risk and higher returns than the index portfolios.

Are investors caught in a market average trap?

Newsletter 02/2017

Tuesday, 29 November, 2016
OLZ Newsletter

Minimum Variance – Risks taken on the road to returns

You will find the following topics in our current newsletter:

  • Wealth managers prefer talking about return without looking at the risk. It thereby follows the motto: Why bother about risks when the client is interested in return? We show why it is worthwhile for all investors to focus on risks (ex. OLZ minimum variance approach).
  • OLZ has been honored as top-manager with rating “very good” by ZWEI Wealth Experts, an independent consulting company for private investors. Zwei Wealth Experts was founded by Prof. Dr. Klaus Wellershoff and Patrick Müller.
  • Introduction of our newest product, an optimized 3a securities solution “OLZ Smart Invest 65” (Swiss product for private retirement savings) that has a strategic equity weight of 65% and benefits of the higher expected return of equities.

Newsletter 11/2016

Wednesday, 28 September, 2016
OLZ Newsletter

From zero to three billion assets under management in just 15 years - OLZ celebrates its anniversary.

The founding partners of OLZ, Pius Zgraggen (CEO) and Carmine Orlacchio (CIO) explain in an interview how, from their ideal to operate asset management which is scientifically sound and without wrong incentives, they came to develop a successful company through strong perseverance.

«We always felt like boxing challengers. Not only do they have to be equally good but even better.»
Pius Zgraggen (CEO)

«These three points: No wrong incentives, effective diversification and cost-efficient implementation form the foundation, which distinguishes us from the mainstream.»
Carmine Orlacchio (CIO)

Newsletter 09/2016

Friday, 12 February, 2016
OLZ Newsletter

4th Smart Investing Day - "The risk must be worth it"

The Fourth OLZ Smart Investing Day demonstrated how investors can achieve higher returns with an optimally diversified portfolio without facing higher risks.

Read newsletter

Wednesday, 1 April, 2015
OLZ Newsletter

3rd Smart Indexing Day - „Investors should not take unnecessary risks“

The third OLZ Smart Indexing Day answers the question as to why minimum variance portfolios perform better than classical index investments – and also, in particular, how investors can benefit from this anomaly.

(read newsletter)

Saturday, 1 November, 2014
OLZ Newsletter

Protection against Inflation – with Gold or Equities?

The expansionary monetary policy of the central banks fuel global fears of inflation. Long-term investors, who want to protect themselves from a surge in inflation, should note that the effectiveness of protection from inflation of an individual asset class is decisively influenced by the economic environment.

(read newsletter)

Sunday, 1 December, 2013
OLZ Newsletter

Emerging Markets for Diversification (Part 2)

Investors do not fully exploit the diversification potential. Standard indices weigh the individual equities according to size and ignore factors such as return, volatility and correlation. It is particularly with investments in emerging markets that it pays off to focus on risk parameters.

(read newsletter)

Sunday, 1 September, 2013
OLZ Newsletter

More Return with Smart Indexing

Stocks with a low level of volatility perform better in the long term than those with high volatility. This observation is one of the oldest features of financial markets and has been confirmed repeatedly over the years. This is contrary to the principles on which the Modern Portfolio Theory (MPT) and Capital Asset Pricing Model (CAPM) are based.

(read newsletter)

Friday, 1 March, 2013
OLZ Newsletter

Successful Emerging Markets (Part 1)

In the search for new sources of return investors are also purchasing shares from emerging markets. The facts concerning economical development are impressive. On the basis of high growth an above average return is often expected. But empirical studies question this connection. Regardless of the expected return, emerging markets should, however, be considered in a global securities portfolio for the diversification of risks and the sources of return.

(read newsletter)

Friday, 1 June, 2012
OLZ Newsletter

Benefitting from the Development of Asset Management

Traditional investment managers try to beat the index by selecting single shares, but the results after all costs are usually below the index. It is therefore not surprising that the trend is towards indexing. The purchase of an index fund is cost-efficient and is often seen as the optimal investment solution. But, pay attention! Capital-weighted indices are not optimally compiled. New approaches improve weighting and result in excess return and lower risk in the long term.

(read newsletter)