Swiss consultant PPCmetrics , based in Zurich, has entered the German market in a joint venture with Georg Seil Consulting.
Wiesbaden-based Georg Seil Consulting GSC has now transferred its consulting business to GSC-PPCmetrics Investment Consulting, which was formed in October 2003. The remaining business of GSC will focus on advising on capital market issues such as overlay management.
GSC-PPCmetrics aims to offer asset liability studies, asset analysis, beauty contests and control. It is 51%-owned by Seil, with PPCmetrics taking 49%. PPCmetrics says its aim is to “get immediate access to the German market”.
The new venture has nine staff and can draw on the resources of PPCmetrics’ 31 staff.