Thanks to the markets, 2019 has been a good year for Sumus Capital.
We are pleased to announce that 2019 is our second-best year since the creation of the company.
2018 has been a very interesting year for Sumus Capital.
Not only it has been a year of important developments for the company, but also a “test” year for us due to the negative markets’ performance.
The second year of activity of our company is good on several aspects: performances, assets growth, profit for the year, funds restructuring and finally, and that is probably the most important for the long term of the company, the team continued to grow.
Sumus Capital was created in September 2015 and began its activity in November 2015. The first months were dedicated to build the team, refine the business plan, prepare the mandates and all the necessary Company documentation (including all internal rules). In fact, Sumus Capital started to manage the assets of its clients at the end of the first quarter 2016.
In March 2016, we applied for the FINMA agreement as fund manager. We received the final FINMA approval in September (much earlier than anticipated).
Therefore, today, we are not only member of the Swiss Association of Asset Managers, but also regulated by the FINMA.