Capula Investment Management Switzerland Sarl

Yan Zhao is the Chief Investment Officer, responsible for overall portfolio management and strategy. The Swiss team operates under his direction, with oversight from the London-based global risk and research committee (per public record).

The Swiss entity is a regulated asset manager under FINMA, offering local institutional investors direct access to Capula's macro and alternative strategies without cross-border investment structures. Its client base is primarily European pension funds and insurance companies, whereas London handles global allocators (per public record).

The firm focuses on fixed income, currencies, credit, and structured products through discretionary mandates. It also has dedicated allocations to private credit and infrastructure, often as separate accounts for specific institutional clients (per public record).

Yes, its flagship funds and separate accounts are available to qualified institutional investors, including pension funds, insurance companies, family offices, and sovereign wealth funds. The minimum investment varies by vehicle but typically starts at $10 million (per public record).

The firm employs a centralized risk management system shared with its London parent, monitoring VaR, stress scenarios, and counterparty exposure daily. It also satisfies FINMA's risk reporting requirements for Swiss-regulated entities (per public record).