The founding date of Fisch Asset Management is July 14, 1994. On France’s national holiday, the Fisch brothers, Pius and Kurt, registered their company in the Zurich commercial register. At that time, the Swiss rock band «Züri West» with their album of the same name and the evergreen «I schänke dr mis Härz» was number one on the Swiss charts, the operating system «Microsoft Windows 95» had just been launched, and the browser Netscape was the standard of the day.

Today, Artificial Intelligence (AI) is the latest trend. Fisch Asset Management is also increasingly focusing on this area. «We have several projects underway in this field,» Pius Fisch emphasized at the anniversary event on Wednesday in Zurich. «We are absolutely well positioned,» he said. And this is not only in terms of AI.

Expansion of Sales and a First

The jubilant company is presenting itself as dynamic in its anniversary year. Fisch Asset Management is visibly striving to act more aggressively. For the first time in the company’s history, the office building now has an external sign. Recently, there has been significant investment in sales. Besides Switzerland, Fisch sees significant potential particularly in Germany. The company also has high hopes for the coming years. «Convertible bonds are the absolute stars in uncertain times,» said Pius Fisch. Volatility in the stock markets could remain in the coming years due to the uncertain geopolitical situation.

The Party Continues

The key driver in the convertible bond market has always been the U.S. According to Martin Naville, the former long-time CEO of the Swiss-American Chamber of Commerce, there is no sign of a slowdown. «The party goes on,» he said. He also believes that the outcome of the U.S. elections will not change this. Whether it’s Donald Trump or Kamala Harris – «growth will continue under both," he said.

And who will win the race? Naville did not make a prediction. «It’s going to be close. 400'000 votes in six states will likely decide the outcome,» he said cryptically.

A Matter of Willpower

Thorsten Hens from the Swiss Finance Institute at the University of Zurich was much more decisive in his economic outlook. He predicts 2,5 percent economic growth for the U.S. this year, 0,7 percent for Europe, 5,0 percent for China, and 1,7 percent for Switzerland.

Whether he is right remains to be seen. Evelyne Binsack, explorer and professional mountain guide, provided a completely different perspective on risk management, one focused on willpower. To achieve goals, willpower is essential. Her key insight: «If external circumstances can’t be changed, maybe the internal ones can.»