Annual Report 2016
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.