The company's purpose is to manage securities and other assets on behalf of and for the account of third parties, as well as to acquire and dispose of companies or participations therein. The company may engage in all commercial, financial and other activities that are connected with the purpose of the company. It may conduct all business that is somehow connected with this company purpose, in particular also acquire and dispose of real estate, patents and licenses. The company may establish branches and subsidiaries in Switzerland and abroad, as well as participate in other companies in Switzerland and abroad.