Switzerland's PPCmetrics in German venture

GERMANY - Swiss consultant PPCmetrics 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 Zurich-based PPCmetrics taking 49%. PPCmetrics said its aim was to "get immediate access to the German market".

"Without the special knowledge of a local consultant like GSC the entry into the German market would be much more expensive and time-consuming," it said in a release.

The new venture has nine staff and can draw on the resources of PPCmetrics' 31 staff. Its board consists of Seil, Ulrich Kamm and PPCmetrics partner Dominique Ammann.

Have your say

You must sign in to make a comment