Corestone Investment Managers

What Corestone Investment Managers does

Corestone Investment Managers AG is an independent, employee-owned investment partnership founded in 2007 and headquartered in Zug, Switzerland. It operates as a multi-asset, multi-manager institutional asset manager, specializing in external manager research, selection, and portfolio construction on behalf of pension funds, family offices, medium-sized institutions, foundations, and entrepreneurs, with a particular concentration in the Dutch pension fund market. Its service stack spans fiduciary management, manager-of-managers programs, strategic asset allocation, ESG integration, and SRI screening, with the proprietary CORTEX analytical toolkit and a client-facing CORTEX Web Portal (for ESG analysis, risk, compliance, and exposure monitoring) acting as its underlying technology platform.

The firm was originally created within the Robeco Group (then Rabobank-owned, later ORIX-owned) and completed a management buy-out in October 2018, becoming fully independent. As an employee-owned partnership that co-invests alongside clients, Corestone explicitly positions itself as a fiduciary aligned with client outcomes rather than a distribution-driven asset gatherer. Its core revenue mechanic is recurring investment management and advisory fees on multi-year institutional mandates, with no publicly disclosed pricing tiers; engagements are quote-based.

Disclosed scale is dated: as of June 2018 the firm managed approximately EUR 31 billion (c. CHF 36 billion), anchored by large mandates such as Pensioenfonds Vervoer (EUR 11 billion integrated asset management mandate from 2012), AVH Pension Fund (EUR 1.3 billion fiduciary mandate from 2018), and Pensioenfonds ING (EUR 28 billion sustainable investments mandate from 2019 with ESG screening and reporting). Headcount is reported in the 11-50 range, consistent with a focused institutional boutique. The firm supplements client work with thought-leadership content (quarterly Investment Outlooks, industry round tables in Financial Investigator, Finews, Handelsblatt, and Sonntagszeitung) and a publicly accessible Bookshelf tool that visualizes 100 years of financial history.

Name

Corestone Investment Managers

Legal name

Corestone Investment Managers AG

Website

https://corestone.ch

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

Corestone Investment Managers AG is an independent, employee-owned Swiss boutique (founded 2007, Zug) providing multi-asset, multi-manager investment services, including fiduciary management, manager selection, and ESG integration, to pension funds, family offices, foundations, and entrepreneurs in Europe.

Ownership category

akta.pro rank

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

Revenue model

1. Investment Management & Advisory Fees: Corestone generates revenue through investment management and advisory services provided to institutional clients including pension funds, family offices, and foundations. The company offers fiduciary management services, multi-manager solutions, and investment advisory.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Corestone is an independent, employee-owned institutional asset management firm managing multi-asset, multi-manager portfolios. It provides external manager research, selection and portfolio construction, along with integrated fiduciary management and ESG integration services for pension funds, family offices and foundations.

Product overview

Corestone Investment Managers is an independent, employee-owned investment partnership offering multi-asset multi-manager services. The core offering centers on external manager research, selection, and portfolio construction, combined with fiduciary management services. The product portfolio includes the proprietary CORTEX Web Portal for ESG analysis, risk monitoring, compliance, and exposure monitoring. Additional offerings include ESG integration services, quarterly Investment Outlook publications, and the publicly accessible Bookshelf tool that visualizes 100 years of financial history with financial literature summaries.

Differentiator

Problem solved

Functional benefit

Products and services

• Multi-Manager Investment Services External manager research, selection, and portfolio construction services providing institutional investors with optimal combinations of managers rather than simply combining the best individual managers.
• Fiduciary Management Integrated fiduciary services supporting asset owners and CIOs in their fiduciary responsibilities, including strategic investment decisions and overall portfolio monitoring.
• CORTEX Web Portal Proprietary web-based platform providing ESG analysis, reports, risk monitoring, compliance monitoring, and exposure monitoring to pension fund stakeholders.
• ESG Integration Services Sustainability screening, monitoring, value-added reporting, and ESG integration services for institutional clients.
• Investment Outlook Publications Quarterly investment outlook publications providing market analysis, macro environment assessment, and main investment calls.
• Bookshelf Interactive digital bookshelf providing summaries of groundbreaking financial literature from 1923 to the present, visualizing historical milestones, indices, and developments of asset classes. Publicly accessible and free of charge.

Quantifiable outcome

• EUR 31 billion in assets under management as of June 2018
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Pensioenfonds ING (PFI)coreOthers · 4 November 2019Pensioenfonds ING selected Robeco as partner in sustainable investments policy, with Corestone providing sustainability screening, monitoring and value-added reporting services. With EUR 28 billion invested capital and nearly 70,000 participants.
• AVH Pension FundcoreOthers · 10 January 2018EUR 1.3 billion Dutch pension fund for agricultural and food supply trade selected Robeco/Corestone to provide fiduciary management services.
• WaldParcoursminorOthers · 1 January 2015Corestone has supported WaldParcours since its inception as an outstanding example combining nature, sport and culture. The project won the ASSA award for sustainability in sports in 2021.
• RobecocoreStrategic or Co-development Partner · 20 September 2011Corestone was the multi-manager specialist within the Robeco group and continues to cooperate closely in the Dutch fiduciary market. After the MBO in 2018, Corestone became independent but maintains strategic cooperation with Robeco for responding to shifting dynamics in the Dutch pension fund market. Robeco provides integrated asset management while Corestone fulfills the manager of managers role.
• Pensioenfonds VervoercoreOthers · 20 September 2011Dutch transport industry pension fund awarded Robeco an integrated asset management mandate for pension assets of almost EUR 11 billion. Corestone fulfills the manager of managers role for all asset classes.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Russell Investments: Global multi-asset multi-manager investment firm providing outsourced CIO and manager research services to institutional clients. Closely comparable to Corestone's multi-manager platform and external manager selection focus.
• Robeco: Dutch asset manager and former parent of Corestone, with whom Corestone maintains strategic cooperation in the Dutch fiduciary market. Directly comparable product overlap in multi-manager solutions and Dutch pension fund services.
• Cardano: Dutch pension advisory and fiduciary management firm serving European pension schemes. Comparable niche competitor to Corestone in Dutch and European pension investment advisory, with similar multi-manager and fiduciary services.
• bfinance: Investment consultancy specializing in manager research, selection, and portfolio construction for pension funds and institutional investors. Highly comparable business model focused on external manager selection, similar to Corestone's multi-manager approach.
• ACTIAM: Dutch sustainable asset manager and fiduciary manager serving pension funds and institutional clients. Closely comparable to Corestone in combining fiduciary management with strong ESG/sustainability focus for Dutch institutional clients.

Broad incumbents

• Willis Towers Watson (WTW): Global advisory and OCIO provider competing for institutional investment mandates with manager research and portfolio construction capabilities. Comparable to Corestone's fiduciary and multi-manager offerings at much larger scale.
• Mercer: Global investment consulting and OCIO provider serving institutional pension clients with manager research, selection, and portfolio construction services. Comparable as an institutional multi-manager/OCIO competitor at significantly larger scale.

Regional players

• MN: Dutch pension fiduciary manager (formerly Mn Services) providing integrated asset management and manager selection. Comparable regional competitor in the Dutch pension market with similar fiduciary capabilities.
• APG: Largest Dutch pension fiduciary manager, serving exclusively ABP and other Dutch schemes. Directly competes for Dutch pension fund mandates but operates at vastly larger scale and with a single dominant client model.
• PGGM: Major Dutch pension fiduciary manager for PFZW and other Dutch schemes. Comparable in serving the Dutch institutional market with fiduciary and multi-manager capabilities but materially larger and more concentrated in client base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/CorestoneIM
• LinkedInlinkedin.com/company/corestone-investment-managers-ag

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Corestone Investment Managers