Direct or fiduciary administration and management in Switzerland and abroad of securities and real estate of all kinds; fiduciary management and exploitation of all patents, licenses or industrial rights as well as provision of all administrative, commercial and technical services; examination and study, on a consulting basis, of all financial matters, all commercial markets and all economic operations; direct or indirect participation, in any form, in all real estate, agricultural, industrial and commercial enterprises; administration of all financial participations, without public offering. Management of fortunes or assets on behalf of third parties.
