Marco Quadri

Tellco offers comprehensive portfolio of services ranging from classic asset management mandates and loans to SMEs to opportunities to invest in the firm’s investment funds and investment foundation. The firm employs a holistic approach to the risk balance sheet coupled with selective risk analyses. They take a long-term and future-focused perspective.

Tellco AM is an active, benchmark-driven manager which seeks to achieve measurable results by consistently and systematically applying their investment process. They exclude arbitrary performance results by applying the selected benchmark over the entire term of an investment and compare it to individual holdings in compliance with a passive benchmarking approach. The firm evaluates and optimizes the portfolio by weighting individual asset classes, selecting suitable sectors and analyzing macroeconomic data such as interest rate and currency trends. Asset classes include CHF bonds, Global bonds, Convertible bonds, Swiss equities, Global equities, Swiss real estate and alternative investments. The Tellco AM Investment Committee defines and monitors investment strategy. The investment structure comprises equities, bonds, mixed investment strategy solutions and alternative investments. They construct portfolios step by step, starting with the macroeconomic analyses used to develop model portfolios, which are duplicated in actual portfolios after in-depth analysis and optimization. For equities, the firm employs a top-down allocation approach, combining quantitative models and fundamental analyses to filter equities with the best opportunity/risk profiles from the benchmark. For bonds, they utilize the defined benchmark to analyze the allocation according to criteria such as term to maturity, currency rating, country rating, sector rating, credit rating and to optimize the portfolio. They employ Asset Liability Management principles for mixed mandates, holistically designing a balanced mix of investment strategies. They also invest in selected exchange traded funds and funds issued by third parties, allocating assets to different classes within the limits of a mutually agreed investment strategy. ETFs track an index and are managed passively, limiting risk to general market changes and excluding active trading risks.