Valex Capital AG

Valex Capital AG is an independent, owner-run asset management company. The company is owned by the managing partners and the Board of Directors.

Valex Capital AG is authorised and prudentially supervised by the Swiss Financial Market Supervisory Authority FINMA as a manager of collective assets.

As an active portfolio manager, our core competencies lie in the asset classes Swiss equities, convertible bonds and investment grade corporate bonds.

Business philosophy

The heart of our work is quality, the security of the mandates entrusted to us, reliability, care and circumspection, responsiveness to and the welfare of our customers, and an orientation towards the long term. As owners and businesspeople, what we value most is being able to act independently and with freedom from any conflicts of interests.

Everything we do is subordinated to working out the best possible performance.

Our customers

We concentrate on institutional clients from Switzerland with a focus on pension funds, insurance companies and independent asset managers.

Investment philosophy

We are convinced that good investment results can only be attained through a transparent, clearly structured and disciplined investment process. A high-quality investment process includes a careful and thorough analysis of fundamental and quantitative information.

In the long run, active portfolio management as opposed to a passive investment strategy is capable of generating more added value on a sustainable basis (alpha). A long-term strategy avoids the greatest and most expensive errors.

About Us

Employees

At our heart is a team of highly qualified and talented employees. They are our foundation for executing tasks with high quality requirements. Our team is composed of complementary specialists, bringing together profound expertise in research, quantitative analysis, asset management, and risk management. The common denominator of everything we do is team spirit, values, mutual respect, and enthusiasm for our work.

Team

Verena Buntz

Verena Buntz

Portfolio Manager

verena.buntz@valex.ch

Verena Buntz manages individual mandates as well as collective investment schemes and is responsible for the continuous enhancement of the sustainable product offering. She has more than 15 years of experience in banking and finance. Before joining Valex Capital AG in 2020, she worked almost 9 years as a Portfolio Manager Fixed Income for a Swiss insurance company. Prior to that, she was the group treasurer of a Swiss regional banking group and held various positions at Swiss banks. She holds an MBA in finance (California State University Hayward) and is a Certified International Investment Analyst (Swiss Financial Analyst Association) as well as a Swiss Certified Treasurer (Lucerne University of Applied Sciences and Arts). She also holds a Certificate of Advanced Studies in Sustainable Finance from the University of Zurich.

Kurt G. Fehr

Kurt G. Fehr

Deputy CEO

kurt.fehr@valex.ch

Kurt G. Fehr studied at the University of Applied Sciences in Business Administration in Zurich. He concluded the 10th Swiss Banking School course in 1998 with the publication of an award-winning thesis in the field of collective investments.

He worked for the Authorisation (Banks)/Investment Fund Department of the EBK (now Swiss Financial Market Supervisory Authority FINMA) from 1990 to 2007, where he managed a team of specialists and played a decisive role in the development of the investment fund and collective investment legislation.

In 2007 he founded pfi partners for financial intermediaries AG with his partners, a company now domiciled in Pfäffikon SZ.

Subsequently he headed the Legal & Compliance Divisions and assumed the function of risk control at two banks operating in the private client segment.

Kurt G. Fehr has a great amount of experience in all sectors of the financial industry and heads the Compliance and Risk Management Division at Valex Capital AG.

Karin Fuchs-Lienert

Karin Fuchs-Lienert

karin.fuchs-lienert@valex.ch

Karin Fuchs-Lienert has over 20 years experience in the area of back office as well as accounting. After her commerical apprenticeship at Credit Suisse she used to work for an american company in accounting for many years.

Thomas Haberthür

Thomas Haberthür

Portfolio Manager

thomas.haberthuer@valex.ch

Thomas Haberthür is a Portfolio Manager at Valex Capital AG and responsible for the management of the Valex Marystone Equity Fund. He completed basic bank training with Credit Suisse in Zurich and Coop Bank. Thereafter, he advised investment clients of UBS‘ Wealth Management sector for 26 years, and last 10 of them clients in the HNWI segment Baden. He founded his own company, Marystone T Haberthür, 3 years ago.

Marcel Hess

Marcel Hess

CEO

marcel.hess@valex.ch

Marcel Hess (founder, Vice President of the Board of Directors, business manager) has over 25 years' experience in banking and finance. He completed his training at Credit Suisse in trading and at an English brokerage company in the area of institutional client support. Between 1995 and 2007 he held various posts at Fisch Asset Management AG, ultimately as the person responsible for Marketing & Sales as well as business manager and delegate of the Board of Directors. In 2009 he founded Valex Capital AG, which has been approved by the Swiss Financial Market Supervisory Authority FINMA.

Daniel Hug

Daniel Hug

Board of Directors

daniel.hug@valex.ch

Daniel Hug (Deputy Managing Director) has over 20 years' experience in banking and finance. He was a member of the management board at VP Bank Schweiz, a Director at HSBC Private Bank and a member of the management board at Amtsersparniskasse Schwarzenburg. Previously, he worked as an accountant in charge at Ernst & Young. His education includes graduation in business administration at the University of Berne (lic.rer.pol.), an MBA at the University of Geneva, an Executive MBA at Carnegie Mellon University Pittsburgh (USA) as well as other final exams constituting professional qualifications such as the Trust and Estate Practitioner TEP and the Certified Financial Planner CFP.

Nicole Schilter

Nicole Schilter

Portfolio Manager

nicole.schilter@valex.ch

After her commercial apprenticeship Nicole Schilter used to work for several national and international banks and financial institutions in the French- and German-speaking Switzerland. She has over 20 years experience in database and securities administration as well as portfolio management. She manages individual mandates as well as collective investment schemes.

Marcel Schwitter

Marcel Schwitter

Operations

marcel.schwitter@valex.ch

Marcel Schwitter studierte u.a. Rechtswissenschaft an der Universität Zürich. Während mehr als 20 Jahren arbeitete er für verschiedene Unternehmen in den Bereichen Logistik und Umwelt mit Schwerpunkt Finanzen. Im Bereich Operations ist er für die Valex Capital AG seit Mai 2013 tätig.

Dieter C. Söhner

Dieter C. Söhner

President

dieter.soehner@valex.ch

Dieter C. Söhner (Chairman of the Board of Directors), studied at the Universities of Berne, Geneva and Pittsburgh (USA). As a lawyer, he specialises both in civil law and financial markets law. Between 2001 and 2006 he worked as an economic assistant at the Federal Banking Commission (now the Swiss Financial Market Supervisory Authority FINMA) in the department dealing with approvals for (banks)/investment funds. During this period, he continued his training in the field of international assets management and completed studies both with an MBA International Wealth (University of Geneva) and an Executive MBA International Wealth (Carnegie Mellon University, Pittsburgh). Until 2007 he was responsible for the department Legal & Regulatory Financial Services Switzerland at a large audit company. Since August 2007 he has been a member of the management board and partner at pfi partners for financial intermediaries AG in Pfäffikon SZ.

Urs von Arx

Urs von Arx

Portfolio Manager

urs.vonarx@valex.ch

Dr. Urs von Arx, Portfolio Manager at Valex Capital AG, worked as a research associate at the Swiss Federal Institute of Technology (ETH) Zurich and at the University of Zurich for many years, dealing with the recording of risk factors of shares and measuring the performance of sustainable investments. Prior to this time, Urs von Arx worked as an analyst and portfolio manager with various banks for almost twenty years. In 2001 and 2002, he was the co-manager of various funds and mandates of Swiss shares at Bank Pictet. In the previous years he managed the Swiss equity fund at ABN AMRO and was, inter alia, co-manager of the bank’s pension fund. Urs von Arx’s career in the banking sector began in 1986 when he joined Zürcher Kantonalbank. He initially headed the Quantitative Analysis and Bond Research groups before being entrusted with the management of the foreign currency fund. 

Markus Widmer

Markus Widmer

Board of Directors

markus.widmer@valex.ch

Markus Widmer (Member of the Board of Directors) is a holder of a Swiss federal diploma as a financial analyst and an asset manager. He formerly held managerial posts at Schweizerische Bankgesellschaft as it was known at the time (now UBS) in the areas of investment consulting and fund management on behalf of private and institutional clients and has built up long-standing customer relationships. He is the co-founder of Proventus AG, an asset management company based in Zurich and founded in 1998, which has specialised in individual client support and the acceptance of investment mandates within the framework of a family office concept.

Torsten Wyss

Torsten Wyss

Financial Analyst - Portfolio Manager

torsten.wyss@valex.ch

Torsten Wyss mainly analyses Swiss companies for Valex Capital AG and manages individual mandates of Swiss equities. He has more than 20 years of experience in banking and finance. Before joining Valex Capital AG, he worked for BZ Bank, UBS Investment Bank, Kepler Equities and Julius Baer as a senior analyst. In his role in brokerage (sell- and buy-side) and private equity, Torsten Wyss mainly analysed Swiss companies in the industrial, construction, logistics and food sectors. Torsten Wyss started his career as Head Investor Relations at Sika. He was rated best financial analyst for small & mid caps Switzerland in 2004 and 2005 and from 2007-2015 (source: Thomson Reuters/Extel). He graduated in business administration in St. Gallen (Master of Arts HSG) as well as in mechanical engineering in Zurich (Master of Science ETH).

Contact

Valex Capital AG
Schützenstrasse 18
CH-8808 Pfäffikon

T +41 44 888 99 00

Imprint

Imprint

Legal  Information

Owner of this website and overall responsibility
Valex Capital AG

Address
Schützenstrasse 18
CH-8808 Pfäffikon SZ
Switzerland

Telephone: +41 44 888 99 00
Email: contact form

Company headquarters
CH-8808 Pfäffikon SZ, Municipality of Freienbach, Canton of Schwyz

Legal status
Public limited company under Swiss law

Entered in the commercial register of the Canton of Schwyz
Company number: CH-130.3.014.537-3

Supervisory authority
Swiss Financial Market Supervisory Authority FINMA
Laupenstrasse 27
CH-3003 Bern
Switzerland
www.finma.ch

Auditor
Mazars SA
Mühlebachstrasse 20
CH-8008 Zürich
Switzerland
www.mazars.ch

Board of Directors
Dieter C. Söhner (Chair)
Daniel Hug
Markus Widmer

Management
Marcel Hess (Managing Director)
Kurt G. Fehr (Deputy Managing Director)

Legal notices and third-party copyright
© Valex Capital AG
All rights reserved

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Localmedia GmbH
Fischmarktstrasse 4
CH-8640 Rapperswil SG
www.localmedia.ch

Disclaimer
The content of these web pages was prepared with the greatest possible care. Nevertheless, we accept no liability for their content. Subject to misprints and errors. We reserve the right to make changes. The content is protected by copyright.
We accept no liability for the content of external links. The operators of linked pages are solely responsible for their content.
The sale of collective capital investments is subject to authorisation under the Federal Act on Collective Investment Schemes of 23 June 2006 (CISA), the Ordinance on Collective Investment Schemes of 22 November 2006 (CISO), the Ordinance of the Swiss Financial Market Supervisory Authority on Collective Investment Schemes (CISO-FINMA) of 27 August 2014 and the guidelines of the Swiss Funds & Asset Management Association SFAMA on the sale of collective investments of 22 May 2014 (incl.: the provisions for distributors).