SpeedLab has taken first steps to open Switzerland for qualified professional investors. Using Hugo Fund Services SA for representation and payment agent Swissquote the course is all set for distribution in Switzerland.
Hugo Fund Services and Swissquote are leading in the field of legal representation and payment services in Switzerland and strong partners for distribution of SpeedLab financial products in the country.
“This is an important first step setting up sales channels in the Switzerland,” says Markus Böhm, CEO of SpeedLab.
“SpeedLab products will be available to qualified professional investors in the Switzerland shortly “, he adds.
Prior to 2013 placement of alternative investments in Switzerland was fairly unregulated. The new regulations provided by the Swiss financial regulator called FINMA Swiss investors receive stronger protection thereby strengthening the local financial market.
Hugo Fund Services SA is a leading representation service provider to foreign funds in the Switzerland. The Geneva based company is FINMA licensed and offers comprehensive legal representation and compliance services in Switzerland. Hugo fund services currently provides services to over 400 funds, including fund of funds and family offices.
Swissquote Bank Ltd. offers payment agent services for foreign fund providers. Swissquote group is a leader in the field of financial services and of online trading in Switzerland. The company’s headquarters are located in Gland (VD). Other locations comprise Zurich, Bern, Dubai, Malta, London and Hong Kong. Swissquote group currently has 545 employees.