SIFEM announces new portfolio manager

The board of Swiss development finance institution SIFEM has decided, based on the result of an open procurement procedure conducted in conformity with Swiss legislation, to award the management of the SIFEM portfolio to responsAbility Investments AG. The mandate starts on 1 March 2023 and will last for five years, with the option to extend it for five more years. Obviam AG continues to act as portfolio manager ad interim until the end of February 2023 and will collaborate closely with responsAbility for the hand-over of the mandate.

With the onboarding of responsAbility Investments, SIFEM will operate in a new set-up. While responsAbility will act as its portfolio manager and be responsible for investment sourcing, advisory, and oversight, Tameo Impact Fund Solutions SA is the business services manager and assumes responsibility for policy-related and representative functions, portfolio oversight, ESG and impact reporting, risk and compliance, and communication and administration.