PMG Investment Solutions

What PMG Investment Solutions does

PMG Investment Solutions AG is a bank-independent, owner-managed Swiss fund management company headquartered in Zug, founded in 1992 and 100% owned by Swiss Pension & Investment Group AG. The firm operates as a FINMA-supervised fund management company under Art. 32 et seq. FINIG, serving institutional clients — Swiss private and regional banks, pension funds, independent asset managers, family offices, and ultra-high-net-worth individuals — across fund domiciles in Switzerland, Luxembourg, Liechtenstein, Malta, and the Cayman Islands.

PMG positions itself as a 'general contractor' covering the full value chain of investment solutions: fund structuring, portfolio management, fund administration (Swiss, Maltese, and Cayman funds), distribution support, and governance/risk services. The product set spans active equity (including a Swiss Small-Mid Cap ESG fund), multi-asset strategies (Valitas Diversified series), fixed income (Swiss bonds and Pfandbriefe via HMTS Swiss Dynamic Yield), private markets (PMG Private Markets Partners RAIF), alternative credit (Bergos Alternative Credit Fund), Swiss mortgage-backed loans, and digital-asset venture capital. As of the latest disclosed scale, PMG manages more than CHF 4 billion in client assets.

The technology stack centers on a proprietary portfolio trading system with FIX interface connectivity to 70+ brokers, an in-house SWIFT/BIC code, cloud-based internal applications, SPFx applications, and MS365-based products. Underlying IT is being transitioned to a microservices architecture, with documented pilots in AI-powered document analysis for investment research. The firm monetizes through recurring fund management fees, performance fees on award-rated products, and professional services fees for structuring, administration, distribution, compliance, risk management, and Solvency II reporting — all delivered via direct institutional relationships and an extensive partner network of custodian banks (UBS, Zürcher Kantonalbank, LGT, CACEIS, European Depositary Bank, Hauck Aufhäuser Lampe) and financial intermediaries across five jurisdictions.

Name

PMG Investment Solutions

Legal name

PMG Investment Solutions AG

Website

https://pmg.swiss

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Short description

PMG Investment Solutions AG is a bank-independent, FINMA-supervised Swiss fund management company that structures, manages, administers, and distributes tailor-made investment solutions as a 'general contractor' for institutional clients across Switzerland, Luxembourg, Liechtenstein, Malta, and the Cayman Islands, managing over CHF 4 billion in client assets.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259), Other Financial Vehicles (52599)

SIC

Investment Advice (6282)

akta.pro primary industry

Managed Account / SMA Multi-Manager Platforms (FSANAGAL)

Keywords

• Fund management services
• Asset management
• Fund administration
• Institutional investment solutions
• Fund structuring

Headquarters

HQ city

Zug

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Fund Management Fees: PMG charges management fees for fund administration, fund management (for Swiss funds), and asset management services. As a FINMA-supervised fund management company, they generate recurring revenue from managing client assets across multiple jurisdictions.
2. Performance Fees: Some funds managed by PMG receive highest awards from rating agencies, suggesting performance-based fee structures may be in place for certain investment products.
3. Service Provider Fees: PMG charges for comprehensive services including structuring, administration, distribution support, compliance, risk management, factsheet production, and data dissemination for institutional clients.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

PMG Investment Solutions AG is a bank-independent, owner-managed Swiss fund management company that structures, manages, administers, and distributes tailor-made investment solutions for institutional clients. Acting as a 'general contractor,' it covers the entire value chain — from product structuring and portfolio management through fund administration, compliance, risk management, and distribution — across fund domiciles in Switzerland, Luxembourg, Liechtenstein, Malta, and the Cayman Islands, managing over CHF 4 billion in client assets.

Product overview

PMG Investment Solutions AG is a bank-independent, owner-managed Swiss fund management company and asset management boutique offering a comprehensive, integrated service model. As a 'general contractor,' PMG covers the entire value chain from structuring through management, administration, and distribution of tailor-made investment solutions. The company manages over CHF 4 billion in client assets across fund domiciles in Switzerland, Luxembourg, Liechtenstein, Cayman Islands, and Malta. The core offering comprises fund structuring, management, administration (for Swiss, Maltese, and Cayman Islands funds), distribution support, and governance & risk services. Fund products span multiple asset classes including equities (Swiss Small-Mid Cap ESG), multi-asset (Valitas Diversified series, HMTS funds), fixed income (Swiss bonds, Pfandbriefe), private markets (Private Equity, Private Credit), alternatives (Bergos Alternative Credit, Swiss Mortgage Fund), and digital assets (Crypto/Web3 VC fund). Key fund vehicles include PMG Individual Fund Solutions umbrella, Valitas Institutional Funds, Zugerberg Funds, and Luxembourg RAIF structures.

Differentiator

Problem solved

Functional benefit

Brands

• PMG Individual Fund Solutions: Umbrella fund structure for individual fund solutions
• Credit Opportunities Fund
• ZF Income Fund
• Valitas Institutional Fund

Products and services

• Fund Structuring Services Full-service fund launch support including investment and sales concept development, tax planning, product wrapper/domicile selection, service provider setup, regulatory authority coordination, financial modeling, and operational setup. Designed for institutional clients seeking a 'general contractor' for new fund creation.
• Fund Management Services Portfolio management and trading services covering product features, investment strategy, broker/counterparty management, trading and portfolio management systems, asset management, investment committee participation, and portfolio trading with reconciliation. Offered to institutional clients in Switzerland and across fund domiciles.
• Fund Administration Services Fund administration for Swiss, Maltese, and Cayman Islands investment funds including fund management (CH only), fund administration, register management, portfolio and position valuation, NAV calculation and publication, share register management, financial/securities accounting, and report preparation.
• Distribution Services Sales support including distribution authorization, sales contract management, fiscal transparency, sales platform management, co-marketing within the PMG network, and investment reporting and factsheet production.
• Governance & Risk Services Cross-functional risk and compliance processes including legal document preparation and maintenance (Product Governance), and full risk management in portfolio management context.
• Solvency II Reporting Institutional-grade approach to processing portfolio data according to European Solvency II standard for insurance company clients, enabling regulatory reporting compliance and solvency capital calculation.
• PMG Individual Fund Solutions - Aktien Schweiz Small-Mid Cap ESG Fund Equity fund under the PMG Individual Fund Solutions umbrella investing in Swiss stocks from the SPI Extra index with a dedicated sustainability profile, applying ESG integration via norms-based and values-based exclusions plus a Positive Screening/Tilting approach. Targeted at qualified investors seeking Swiss equities exposure with ESG criteria.
• Valitas Institutional Fund - Valitas Diversified 15 Multi-asset fund with conservative risk profile, pursuing active Core Satellite strategy via multi-manager approach. Received a 4-star Morningstar 3-year performance rating.
• Valitas Institutional Fund - Valitas Diversified 45 Multi-asset fund with balanced risk/return profile, pursuing active Core Satellite strategy via multi-manager approach.
• Zugerberg Funds - ZF Income Fund Income-oriented fund managed by Patrick Brühwiler, co-managed alongside Credit Opportunities Fund and LP Active Value Fund.
• HMTS Swiss Dynamic Yield Fund Contractual securities fund investing exclusively in Swiss federal bonds and Swiss Pfandbriefe with derivatives for long-term capital growth through a diversified portfolio of bonds and Pfandbriefe of highest credit quality with active derivatives risk management.
• HanseMerkur Trust Swiss - Tresor Fund Multi-asset fund combining physical gold, Swiss equities, and Swiss real estate for growth potential of equities with stability of gold and real estate plus benefits of Swiss location and political system.
• Bergos Alternative Credit Fund Fund-of-funds structure for alternative investments offering access to semi-liquid debt instruments and alternative credit markets targeting attractive returns with low volatility in low-yield environments.
• PMG Swiss Mortgage Fund Fund focusing on first-ranking mortgage-backed loans on Swiss real estate including property financing, project financing, and structures secured by Swiss land charges (Schuldbriefe or Grundpfandverschreibungen), offering qualified investors direct access to mortgage-backed real estate financing.
• Crypto/Web3 Venture Capital Fund Cryptocurrency and Web3 venture capital fund led by Denis Vuckovac, with team members from ETH Zürich. Focused on Bitcoin and Ethereum since 2015/2016.
• PMG Private Markets Partners SCA SICAV-RAIF Reserved Alternative Investment Fund (RAIF) established in Luxembourg as an unregulated fund vehicle enabling fast time-to-market without diversification requirements, broadening PMG's services in the illiquid private markets sector.
• VT Wealth Management - Alternative Investments Fund Limited Qualified Investor Fund (LQIF) enabling balanced exposure to alternative asset classes via investable instruments including investment funds, structured products, and notes. Strategy incorporates quantitative strategies, private equity, private debt, commodities, and digital assets.
• Ärzte-Treuhand Finanz AG - Swiss Dividend Fund Swiss dividend equity fund targeting qualified investors seeking exposure to Swiss dividend stocks with a focus on high-quality Swiss dividend titles.
• Alternative Bank Schweiz - Sustainable Public Fund Sustainable public fund launched by Alternative Bank Schweiz (ABS) combining sustainable traditional funds with impact-oriented private market investments. First Swiss fund enabling broad investor access to impact-oriented private market investments with attention to liquidity.

Quantifiable outcome

• Morningstar 4-5 star ratings for Valitas Institutional Funds (Diversified and Index Plus series)
• +2 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability2 records

Feature3 records

Partnerships

14 partnerships are on record, tiered core and minor.

• Bergos AGcoreChannel Partner/ Reseller/ Distributor · 1 February 2024PMG took over fund management and administration of the Bergos Alternative Credit Fund effective February 1, 2024. The fund provides access to semi-liquid debt instruments and alternative credit markets, targeting attractive returns with low volatility.
• PM Private Markets Partners SCA SICAV-RAIFcoreStrategic or Co-development Partner · 10 November 2023PMG launched the PMG Private Markets Partners SCA SICAV-RAIF fund in Luxembourg in November 2023. The Reserved Alternative Investment Fund (RAIF) provides quick 'Time to market' and no diversification requirements, broadening PMG's offering in illiquid private market investments.
• Alternative Bank Schweiz AGcoreChannel Partner/ Reseller/ DistributorAlternative Bank Schweiz (ABS) partnered with PMG to successfully launch a new sustainable public fund in June 2025, combining sustainable traditional funds with impact-oriented private market investments. This represents ABS's expansion of commitment to responsible investing.
• HanseMerkur Trust Swiss AGcoreChannel Partner/ Reseller/ DistributorLong-standing partnership for fund launches. PMG serves as fund management company for HMTS funds including HMTS Swiss Dynamic Yield (CHF 110M initial volume), HMTS Equities AI, HMTS Equities Value ESG, and HMTS Schweiz Tresor Fonds. Already four Swiss funds launched in collaboration.
• OLZ AGminorImplementation/ SI/ Consulting PartnerOLZ AG acts as sustainability advisor for PMG's Aktien Schweiz Small-Mid Cap ESG Fund, supporting implementation of ESG strategy including positive screening/tilting approach.
• VT Wealth Management AGcoreChannel Partner/ Reseller/ DistributorVT Wealth Management AG launched a new alternative investment fund in partnership with PMG on October 31, 2025, designed for qualified investors with balanced exposure to alternative asset classes.
• Ärzte-Treuhand Finanz AGcoreChannel Partner/ Reseller/ DistributorPMG helped launch a new Swiss dividend fund for qualified investors for Ärzte-Treuhand Finanz AG on November 28, expanding their Swiss equities offering with focus on high-quality Swiss dividend stocks.
• UBS Group AGcoreOthersCustodian bank partner providing custody services for PMG-managed funds. PMG is independent and works with multiple custodian banks to offer flexibility to clients.
• Zürcher KantonalbankcoreOthersCustodian bank partner providing custody services for PMG-managed funds in Switzerland.
• LGT Bank AGcoreOthersCustodian bank partner based in Liechtenstein providing custody services for PMG-managed funds.
• CACEIS BankcoreOthersCustodian bank partner for Luxembourg-based funds managed by PMG.
• European Depositary BankcoreOthersDepository bank partner providing services for PMG's Luxembourg fund structures.
• FundRock LRIcoreOthersFund management company partner for Luxembourg-based fund structures.
• Hauck Aufhäuser Lampe Privatbank AGcoreOthersPrivate bank partner providing services for Luxembourg-based fund structures.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Carne Group: Carne Group provides fund management company solutions, governance, and operational infrastructure across Europe, including AIFM and UCITS platforms. Directly comparable to PMG's 'general contractor' model of running fund management companies on behalf of asset managers in multiple jurisdictions.
• Waystone: Waystone (formerly DMS) provides fund management company, depositary, and governance services globally across UCITS, AIF, and private fund structures. Closest direct peer to PMG in providing outsourced fund management company solutions and platform services for asset managers.
• Universal Investment: Universal Investment is a German fund management company and one of Europe's largest fund service platforms, offering fund administration, management, and structuring. Comparable to PMG as a multi-jurisdictional fund platform serving institutional asset managers.
• Acolin Fund Services: Acolin provides fund management, fund administration, and cross-border distribution services from Switzerland and Liechtenstein. Directly comparable to PMG as a competing fund platform targeting the same Swiss/Liechtenstein institutional client base.
• FundRock Management Company: FundRock (formerly LRI Fund Management) is a Luxembourg-based AIFM and UCITS management company providing platform solutions. Already a PMG partner for Luxembourg structures and competes for the same cross-border fund management mandates.

Broad incumbents

• CACEIS: CACEIS is a major European fund administrator and custodian owned by Crédit Agricole, serving Luxembourg and Swiss-domiciled funds. Overlaps with PMG as a custodian partner but operates at much larger scale across the entire fund services value chain.
• Vontobel Asset Management: Vontobel is a Swiss-listed asset manager where PMG's CEO Bernhard Schneider was previously CEO of Vontobel Asset Management Switzerland. Comparable Swiss asset management pedigree and multi-boutique platform structure, though Vontobel is far larger.
• GAM Investments: GAM is a Swiss-listed active asset manager offering multi-asset, equities, and fixed income strategies through institutional and intermediary channels. Comparable to PMG in active multi-manager strategies (Valitas series is similar to GAM's diversified offerings) but at much larger AUM.

Regional players

• Hauck Aufhäuser Lampe: Hauck Aufhäuser Lampe is a German private bank providing Luxembourg fund services and asset management. Already a PMG partner for Luxembourg structures; comparable as a regional bank-affiliated fund platform serving DACH institutional clients.
• VP Bank: VP Bank is a Liechtenstein-based private bank and asset manager with significant fund services capability. Comparable to PMG in serving Liechtenstein-domiciled funds and serving family offices/UHNWIs across the DACH region.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/pmg-investment-solutions-ag

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles35 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PMG Investment Solutions