The company's purpose, as defined in Article 17, paragraph 1 of the Federal Act on Financial Institutions, is to operate as an asset manager. Its scope of business includes, in particular, asset management and investment advice, as well as all related services. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell, and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for its subsidiaries and third parties.