The first review and adjustment of the Obermatt Swiss Pearls Index ETP holdings was carried out at the end of October, 2023.
Out of the original index constituents, Aryzta had the lowest Obermatt 360° View of 12 at the time of the analysis and was, therefore, removed from the index.
Accordingly, out of the long list of stocks eligible for the index and not yet included, Partners Group had the highest 360° View of 61 at the time of the analysis and was added to the index.
These three points helped shape this decision:
- A significant rise in the company’s Obermatt 360° View: it went from 36 to 61, where it was at the time of the analysis. A very high Growth rank of 99 (based on Capital Growth of 96) and good Sentiment Ranks, especially Pro Holdings helped this.
- As one of the largest private equity companies in the EMEA region, Partners Group has over US$140 billion in assets under management.
- A nice diversity and inclusion program for their employees with several support groups and networks for different categories of minorities. Also, they have sustainable and responsible investment programs and strategies in place.
Current status of the index and the holdings can be seen here.