Zurich, Switzerland, July 30, 2012 - The Swiss Wealth Management Boutique Falcon Private Bank announces the launch of Falcon Gold Equity UCITS Fund in Luxembourg which will be managed by Tocqueville Asset Management, L.P. ("Tocqueville") effective August 10, 2012.
The Fund invests in securities of companies located throughout the world that are engaged in mining or processing gold. A part of the net assets of the Fund can be invested in companies that mine or process other precious metals, gems or colored metals. The Falcon Gold Equity UCITS Fund follows a value approach to investing and the portfolio manager identifies companies that are undervalued based on his judgment of relative value and growth potential. The Fund will be available for public distribution in Luxembourg, Germany and Austria (other markets in planning).
The new fund will be managed by Tocqueville Asset Management - an investment management boutique based in New York - whose core business is the active management of securities that are engaged in mining or processing gold. Tocqueville manages one of the most successful and award winning gold mutual funds in the US (Tocqueville Gold Fund) which has consistently delivered top quartile performance since 1998. Tocqueville Asset Management currently oversees US$11 billion of client assets and approximately $2.65 billion is managed in the gold strategy (effective June 30, 2012). The Falcon Gold Equity UCITS Fund will be managed by John Hathaway who has over 40 years of professional investment experience. John is supported by his co-portfolio manager, Doug Groh, and a dedicated team of 4 analysts focusing on in-depth primary research across the gold sector.
"We are delighted about the launch of Falcon Gold Equity UCITS fund and our new strategic partnership with Tocqueville Asset Management and are confident that world-renowned fund manager John Hathaway and his dedicated team are the right partners to carry our successful Gold strategy forward" says Eduardo Leemann, CEO of Falcon Private Bank.
TOCQUEVILLE ASSET MANAGEMENT, L.P. is an entrepreneurial, employee-owned limited partnership that focuses exclusively on growing and preserving its clients' long-term capital. Tocqueville invests alongside its clients and therefore has more than a professional interest in producing results that meet and exceed expectations.
FALCON PRIVATE BANK LTD. is an experienced Swiss private bank specialized in wealth management for private clients, wealthy families and institutional investors. Its clients all over the world enjoy the benefits of over 40 years of experience in Swiss private banking and the financial strength and solidity of its owner aabar Investments PJS. Falcon Private Bank has branches and representative offices in Geneva, Hong Kong, Singapore, Abu Dhabi and Dubai. Falcon Private Bank also holds 42.5% of bank zweiplus; the other 57.5% is owned by controlling shareholder Bank Sarasin & Cie.
AABAR INVESTMENTS PJS is a global investment company investing across industry sectors in attractive opportunities with significant long-term growth potential. International Petroleum Investment Company, an Investment company wholly owned by the Government of Abu Dhabi, owns 95,3 % of the shares in aabar.
MEDIA CONTACT:
SCHNEIDER PR
Sara Aki
Account Director
Phone: +971 4 3219033
Mobile: +971 50 4288776
sara@schneider-pr.net
The information herein has been compiled in cooperation with Tocqueville Asset Management L.P. and may be based on information received from sources Falcon Private Bank and Tocqueville Asset Management L.P. consider to be reliable, however Falcon Private Bank Ltd. makes no representation as to its accuracy or completeness. The opinions, services and products described are current as of June 2012 and may be subject to change in the future without notice. This document has been prepared solely for information purposes and for the use of the recipient. No responsibility is assumed for the completeness and accuracy of the information provided herein. Certain information may content forecasts, prognosis and other future statements; they do not represent any actual result and they are mainly based on theoretical assumptions which are retroactively applied on historical financial information. This disclosure notice cannot disclose all the risks (direct or indirect) or other considerations which might be material to you when entering into any transaction. For any selling restrictions, conditions, costs and involved risks only the corresponding Full Terms (prospectus / term sheet / or other offering documents) are relevant. Additionally the risk disclosure brochure "Special Risks in Securities Trading" (2008) (which is available on the Swiss Bankers Association's website: www.swissbanking.org/en/home/shop.htm can be concluded. Any kind of transaction should only be conducted once investors are fully aware of the risks involved and are in a position to bear any financial losses. The development of the values mentioned in this document originates in the past. Past performance is no guarantee for future performance. This document must not be distributed into the United States of America or to US persons. Every use of this material is prohibited without the prior written consent of Falcon Private Bank. The information used in this document does not constitute an offer of or an invitation to any person to buy or sell any product and must not be considered as a prospectus (Art. 5 KAG, Art. 652a and/or Art. 1156 OR).The fund prospectuses of Falcon funds can be obtained free of charge from Falcon Private Bank Ltd., Pelikanstrasse 37, P.O. Box 1376, CH-8021 Zurich or www.falconprivatebank.com. Falcon Private Bank Ltd. is a licensed bank under Swiss law authorized and regulated by the Swiss Financial Market Supervisory Authority ("FINMA").
© Press Release 2012



















