Bilanz: Tareno is Switzerland's best asset manager in 2025

Tareno wins top honors in BILANZ magazine’s ranking – and celebrates its 25th anniversary

Tareno has once again been recognized in the renowned asset manager rating by BILANZ / Firstfive. In the overall “Asset Manager of the Year 2025” ranking, we took first place in the supreme category over a period of 60 months. This is the sixth consecutive award and confirms the added value that we create for our clients with our investment expertise. As if that were not reason enough to celebrate, we will be celebrating our 25th anniversary on March 6, 2025. For a quarter of a century, we have been passionately and diligently committed to managing the assets entrusted to us individually, sustainably and in the best possible way.
We say thank you twice – for the trust of our esteemed clientele and for the renewed recognition of our performance.

Best asset manager – for the sixth time in a row

To receive this prestigious award, the ratio between performance and risk taken must be as high as possible. The so-called Sharpe Ratio is the central criterion for the rating, which BILANZ has been awarding since 2012. On behalf of the investor magazine, the independent German consulting institute Firstfive examined a total of 146 real, anonymized customer accounts from 37 participating companies for the current rating.
The first place over the past 60 months, i.e. 5 years, reflects the above-average increase in assets that we were able to achieve for our customers. This is not a matter of course. The period under review was marked by far-reaching economic and geopolitical events that led to fundamental shifts in the financial markets. The global pandemic, geopolitical tensions, the reversal of the long-standing low interest rate policy and the return of inflation have had a significant impact on investors’ risk appetite. Accordingly, the financial markets were subject to considerable fluctuations at times. Particularly during such turbulent phases, our investment philosophy makes a decisive contribution to sustainable investment success: strict risk control, a focus on quality, broad diversification, loyalty to the chosen investment strategy and adherence to a clear investment process. Our success in the BILANZ Firstfive Rating underscores the fact that Tareno’s investment solutions also withstand a wide range of stress tests over longer periods of time.
A decisive factor in our successful performance was our targeted focus on high-quality equities with a convincing and sustainable business model. We seek and find these characteristics not only in large-cap companies, but often also in the less-heeded small- and mid-cap stocks. Another key factor was our early recognition of growth markets, particularly in the technology sector. Last but not least, the addition of selected alternative investments has made a significant contribution.
Simon Lutz has been responsible for Tareno AG’s investment strategy and portfolio management for just over a year. The business graduate and CFA charterholder is continuing Tareno’s successful investment strategy and continuously developing it further. In doing so, he can draw on the expertise of a highly skilled portfolio management team and his many years of experience with various international and regional asset managers.

25 years of Tareno

Tareno, founded in 2000 as a joint-stock company, is owned by three private shareholders. With around 38 employees and CHF 3 billion in assets under management, the company is among the 15 largest independent asset managers in Switzerland. In addition to its headquarters in Basel, Tareno has an office in Zurich and a subsidiary in Luxembourg. Tareno also has many years of expertise in the water sector. Since 2007, it has managed the Tareno Global Water Solutions Fund, demonstrating its expertise in this specialized sector.

Tareno Portfolio Management Team

Vl: Simon Lutz, Stefan Schütz, Katja Ackermann, Frank Pfeiffer