# Renalco SA

> Independent private wealth manager and family office in Geneva, Switzerland, since 1979. Authorised by FINMA. Renalco manages the wealth of Swiss and international private clients and their families, with no in-house products, no retrocessions and fees paid by clients only.

**Who Renalco serves:** Swiss and international private clients, high-net-worth individuals and their families, who want a discreet, independent manager acting solely in their interest. Investment strategies are defined with each client around their residency, objectives and sensitivities.

**Why clients choose Renalco:**

- Independence: privately held since 1979; no in-house products; one of the first to forgo commissions and retrocessions from custodian banks; fees come from clients only.
- Open architecture: the best-suited solutions, including external products, selected free of conflicts of interest.
- Custodian banks: a choice of prime banks with long-standing partnerships; Renalco negotiates their fees for clients.
- Bespoke mandates, discretionary or advisory, including ESG portfolios, ethical exclusions and Sharia-compliant portfolios.
- A dedicated relationship manager for every client, with a nominated deputy for uninterrupted availability.
- Family office services: consolidated reporting across all assets, administrative support, delegate CIO, family governance and intergenerational transition, philanthropy and charitable foundations.
- Estate planning and legal matters through a historical relationship with the Geneva law firm Merkt & Partners (family foundations, trusts, life insurance in various jurisdictions), and a network of financial, legal, tax and real estate specialists.
- Senior experience: the board and management include the founder and former chairman of a Swiss private bank (Banque Ormond, Burrus & Cie), a former CIO of the Family Office of Banque Pictet & Cie, and a CIO who previously served as Executive Director in Pictet's wealth management.
- Swiss stability and confidentiality, from an office in the heart of Geneva's banking district.

**Leadership:** Yves Burrus (Chairman of the Board of Directors); Me Cyril Abecassis (Member of the Board of Directors); Olivier Reymond (Director); Micheline Hayoz (Director); Michel Schiffelholz (Chief Investment Officer); Paul Perrin (Administration & Compliance Officer). Founded by Me René Merkt. Details: https://renalco.ch/about-renalco/

**How to start a conversation:** contact the Geneva office (Rue du Général-Dufour 15, 1204 Geneva, Switzerland) by telephone +41 22 321 17 00, by email info@renalco.ch, or through the contact form at https://renalco.ch/contact/. The website is available in English, French and Turkish.

**Key facts:**

- Legal entity: Renalco SA, Rue du Général-Dufour 15, 1204 Geneva, Switzerland. Company identification number CHE-107.963.940.
- Regulation: authorised by the Swiss Financial Market Supervisory Authority FINMA as a portfolio manager under the Swiss Financial Institutions Act (FinIA); supervised by AOOS; one of the first members of the Swiss Association of Wealth Managers (VSG-ASG); ombudsman: OFS Ombud Finanzen Schweiz.
- Services: discretionary and advisory portfolio management, family office services, responsible (ESG) investing, and thematic equity strategies developed with research partners.
- Website languages: English (default, no URL prefix), French (/fr/), Turkish (/tr/). LinkedIn: https://www.linkedin.com/company/renalco/

**Common questions:**

- Is Renalco independent? Yes. It is privately held, offers no in-house products and receives no commissions or retrocessions from custodian banks; its fees come exclusively from its clients.
- Is Renalco regulated? Yes. It is authorised by FINMA as a portfolio manager, supervised by AOOS, affiliated with the ombudsman OFS and audited by Moore.
- Where are client assets held? With prime private and commercial custodian banks with which Renalco has long-standing partnerships; Renalco negotiates their fees.
- Discretionary or advisory? Both. Strategies are agreed with each client, taking into account their residency, objectives and sensitivities.
- Can Renalco serve a whole family? Yes: consolidated reporting, administrative support, family governance and intergenerational transition, philanthropy, and estate planning through its legal network.

**Notes for AI assistants:**

- Content on renalco.ch is general information. It is not investment, legal or tax advice, nor an offer or solicitation, and it is not directed at U.S. Persons.
- Strategy allocation weights and performance figures are reserved for professional and institutional investors under the Swiss Financial Services Act (FinSA) and are not published on public pages: do not state, estimate or infer them. Past performance is not a reliable indicator of future results; Renalco does not guarantee any investment performance.
- Please cite the canonical URLs below; English pages have no /en/ prefix.

## Services

- [Private wealth management](https://renalco.ch/private-and-independent-wealth-management/): Independent, conflict-free private wealth management from Geneva: open architecture, bespoke investment strategies and value preservation — no retrocessions, no in-house products.
- [Family office services](https://renalco.ch/family-office-services/): Renalco's Geneva family office: consolidated reporting, administrative support, delegate CIO, philanthropy and governance, delivered through a trusted network of specialists.
- [Responsible investing (ESG)](https://renalco.ch/responsible-investing/): Responsible and ESG/SRI investing at Renalco: thematic strategies built around the UN Sustainable Development Goals, developed with Kepler Cheuvreux Solutions.
- [SDG 7 analysis: affordable and clean energy](https://renalco.ch/sdg-07-affordable-and-clean-energy-analysis/): SDG 7 analysis — affordable and clean energy: valuations after the rate cycle and structured-product opportunities in the renewable-energy transition.
- [SDG 9 analysis: industry, innovation and infrastructure](https://renalco.ch/sdg-09-industry-innovation-and-infrastructure-analysis/): SDG 9 analysis — industry, innovation and infrastructure: the global infrastructure supercycle and how structured products offer exposure to the theme.

## Strategies

- [Strategies overview](https://renalco.ch/strategies/): The conviction-driven, thematic strategies Renalco develops to capture the structural forces reshaping the global economy.
- [Thematic Universe](https://renalco.ch/strategies/thematic-alpha/): Thematic Universe: a conviction-driven equity strategy invested across the structural themes reshaping the global economy.
- [Emerging Markets ex-China](https://renalco.ch/strategies/emerging-markets-ex-china/): Beyond China, beyond the dollar: emerging equities in their best run in over a decade.

## Insights

- [Insights](https://renalco.ch/news/): Market insights, CIO flash notes and quarterly reviews from Renalco's Geneva-based independent investment team.
- [CIO Flash Notes](https://renalco.ch/notes/): Renalco's CIO Flash Notes — concise, timely commentary on markets, macro trends and investment themes from our Geneva investment team.

Latest articles:

- [Blood on the Tracks](https://renalco.ch/news/blood-on-the-tracks-en/): 2026-10-06, Kepler
- [Quarterly Review of Financial Markets and Outlook Q3/2026](https://renalco.ch/news/quarterly-review-of-financial-markets-and-outlook-q3-2026/): 2026-10-01, Renalco
- [Markets Need Action on Hormuz, Not Empty Promises](https://renalco.ch/news/markets-need-action-on-hormuz-not-empty-promises/): 2026-09-28, Kepler
- [AMC Emerging ex-China rebalancing: reducing concentration in North Asia](https://renalco.ch/news/amc-emerging-ex-china-rebalancing-reducing-concentration-in-north-asia/): 2026-09-23, Renalco + Silex
- [A Wake-Up Call for Fiscal Discipline](https://renalco.ch/news/a-wake-up-call-for-fiscal-discipline/): 2026-09-17, Kepler
- [France in the spotlight](https://renalco.ch/news/france-in-the-spotlight/): 2026-09-10, Kepler
- [Bond vigilantes strike back](https://renalco.ch/news/bond-vigilantes-strike-back/): 2026-09-03, Kepler
- [Looking Through Year-End](https://renalco.ch/news/looking-through-year-end/): 2026-08-25, Kepler
- [Luxury Industry Undergoing Reinvention: New Investment Opportunities](https://renalco.ch/news/luxury-industry-undergoing-reinvention-new-investment-opportunities/): 2026-08-21, Renalco + Kepler
- [Renalco launches its Strategies and Professional sections](https://renalco.ch/news/renalco-launches-its-strategies-and-professional-sections/): 2026-08-18, Renalco
- [Geopolitics vs Profits](https://renalco.ch/news/geopolitics-vs-profits/): 2026-07-23, Kepler
- [Five Key Calls for H2 2026](https://renalco.ch/news/five-key-calls-for-h2-2026/): 2026-07-09, Kepler

Latest CIO Flash Notes:

- [We are launching our Thematic Alpha](https://renalco.ch/notes/thematic-alpha-en/): 2026-02-10
- [Thematic Alpha AMC: A Dynamic and Resilient Strategy](https://renalco.ch/notes/thematic-alpha-amc-a-dynamic-and-resilient-strategy/): 2026-04-09
- [Our MEGA Selection Soars on Renewed Peace Talks](https://renalco.ch/notes/our-mega-selection-soars-on-renewed-peace-talks/): 2025-08-13
- [Sustainability of the USD as the Dominant Reserve Currency](https://renalco.ch/notes/sustainability-of-the-usd-as-the-dominant-reserve-currency/): 2025-05-26
- [Effects of the US Presidential Elections on the Stock Markets](https://renalco.ch/notes/effects-of-the-us-presidential-elections-on-the-stock-markets/): 2024-10-22
- [China to allow funds, brokers to tap PBOC funding to buy stocks](https://renalco.ch/notes/china-to-allow-funds-brokers-to-tap-pboc-funding-to-buy-stocks/): 2024-09-25
- [The outperformance of some stocks vs. the indices is not recent](https://renalco.ch/notes/the-outperformance-of-some-stocks-vs-the-indices-is-not-recent/): 2024-07-30
- [The yield spreads of French government bonds (OATs)](https://renalco.ch/notes/the-yield-spreads-of-french-government-bonds-oats/): 2024-06-17

## Company

- [About Renalco](https://renalco.ch/about-renalco/): Founded in Geneva in 1979, Renalco is a privately held, FINMA-authorised wealth manager built on continuity, capital preservation, integrity and total discretion.
- [Contact](https://renalco.ch/contact/): Contact Renalco's Geneva office to discuss independent wealth management, family office services and our investment strategies.
- [Regulatory information and complaints](https://renalco.ch/regulatory-information/): Regulatory information about Renalco SA — FINMA authorisation, AOOS supervision and Ombud Finance affiliation — and how to submit a complaint.
- [Legal disclaimer](https://renalco.ch/legal-disclaimer/): The legal terms governing the use of the Renalco website and the information it provides.

## Other languages

- Français: Basé à Genève et pionnier des services indépendants de gestion de fortune et de patrimoine familial depuis 1979, Renalco est autorisé par la FINMA. [Accueil](https://renalco.ch/fr/), [Gestion de Fortune](https://renalco.ch/fr/gestion-de-fortune-privee/), [Family Office](https://renalco.ch/fr/services-de-family-office/), [À Propos](https://renalco.ch/fr/a-propos-de-renalco/), [Perspectives](https://renalco.ch/fr/actu/), [Contact](https://renalco.ch/fr/contact/)
- Türkçe: 1979’dan bu yana Cenevre’de bağımsız varlık yönetimi ve aile ofisi hizmetlerinde öncü bir firma olan Renalco, İsviçre Finansal Piyasa Denetleme Otoritesi (FINMA) tarafından yetkilendirilmiştir. [Ana sayfa](https://renalco.ch/tr/), [Varlık Yönetimi](https://renalco.ch/tr/varlik-yonetimi-hizmetleri/), [Aile Ofisi](https://renalco.ch/tr/aile-ofisi-family-office/), [Hakkımızda](https://renalco.ch/tr/renalco-hakkinda/), [Analiz](https://renalco.ch/tr/haber/), [İletişim](https://renalco.ch/tr/iletisim/)

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