Strategia forms partnership with Swiss bank Syz Bank

For local asset managers, having a Swiss presence, known for its efficiency in the financial and monetary sectors, is a great opportunity to add value to their operations. In addition, Mauritius provides an excellent springboard for Syz Group to strengthen its presence in the region.

This partnership came to fruition on August 8 and now Strategia, one of the main wealth management companies in Mauritius, can benefit from the strategic support of the Syz Group, which has a tradition of excellence in bank management or proprietary financing in the country and has proven itself in the management of portfolios and investment funds, as well as in the products and services offered by private banks.

For Strategia, Syz’s expertise, experience and reputation in providing investment solutions and wealth management make it an ideal partner to help it strengthen and enrich the services it already offers to its clients. Strategia’s executives welcomed the move. “Realizing this project with a partner of such size and reputation,” said Dilshaad Bundhun, “is a necessary strategic step. We will now have at our side a partner who has proven himself as a service provider through his capabilities and performance, proposing investment solutions supported by a methodical approach tailored to the needs and demands of the client. .

For Didier Merle, this partnership is a guarantee that can only encourage Strategia employees to bring out the best in themselves. “Without going into specifics, their expertise in wealth management will allow our firm to add immeasurable value, both in terms of quantity and quality, to the entire range of services it already offers.”

Charles-Henry Monchau, Chief Investment Officer of Syz Bank, stressed that for the Swiss group, the Mauritian jurisdiction was not chosen randomly. It constitutes a platform that will allow its bank to expand its visibility on the African continent. He points out that the realization of this partnership project will allow us to further strengthen our links with the countries of the African continent. Thus, creating the conditions for Syz Service, a division that provides solutions that allow independent wealth managers and those responsible for managing assets to ensure the relaunch of their value proposition strategy following the entry of our bank on the scene, supporting the realization of investment projects tailored to the applicants’ objectives. According to data from the latest World of Wealth Report on the African continent by Henley Partners, Mauritius ranks sixth among the countries with the highest number of high net worth individuals on the African continent, in terms of accumulated wealth by individuals. “

Development prospects

For him, choosing a Mauritian partner was crucial in Syz’s quest to make a splash in this part of the world. “These are all very achievable goals given the bright prospects for its economic development and the country’s potential for growth and mobility.”he explains. “Mauritius and the African continent have an important opportunity to reassure promoters specializing in the development of investment projects that their initiatives will achieve the intended objectives. It goes without saying that using the services provided by our company’s outsourcing division for the benefit of entities with strategic capabilities, whose reputation is firmly established in their field of activity, will help strengthen our strategy, which consists of ensuring that our brand receives the recognition and trust it deserves in this part of the world.”

In addition to its activities in the banking sector, the family legacy Syz also operates in the capital markets through its subsidiaries Syz Capital and Syz Asset. The main goal of Syz Capital is to provide investors with alternative investment platforms, such as private market platforms that facilitate the establishment of such investments. With the support of Syz Asset Management, it is entirely possible to benefit from a wide range of financial services options. Because the main mission of Syz Asset Management is to ensure the management of assets of Swiss institutions specialized in investments by purchasing bonds or financial instruments specific to the money market.