Mr. Yarckin, when we last spoke, Universa was eying Switzerland for a new office. Where do things stand today?
It has been a very good year for us, and we continue to grow, particularly in Switzerland. We have a lot of active, ongoing dialogues with Swiss investors, and our message keeps resonating — not only with Swiss investors, but generally.
What is that core message?
We always come back to the same point: if your risk mitigation makes you poorer at the end of the day, what is the point? Why use bonds, why use hedge funds, why use other forms of risk mitigation if the goal is to create wealth? Risk mitigation and wealth creation are usually at odds. What we do, on both a relative and an absolute basis, is flip that narrative on its head. We can provide risk mitigation and, at the same time, raise the rate at which our clients compound their capital relative to other forms of risk mitigation. We cannot comment on performance, but broadly speaking we continue to outperform other forms of risk mitigation, and we have happy clients.
What is your timeline for opening a Swiss office?
