Total assets under management - Notes


1. There are no official figures for assets under management in Switzerland. We add securities in custody and fiduciary deposits to arrive at a useful total.

2. Our figures exclude domestic bank deposits and assets managed outside Switzerland. If they are added, the total amounted to Sfr6.9 trillion at the end of 2005, according to the Swiss Bankers Association, with Sfr4.9 trillion managed in Switzerland, Sfr0.6 trillion of domestic time and savings deposits and Sfr1.4 trillion at Swiss banks abroad. The comparable figure at the end of 2006 would have been Sfr7.5 trillion ($6.1 trillion), assuming no change in domestic deposits and assets abroad.

3. The figures are rounded, year-end totals in billion Swiss francs, unless indicated otherwise.

4. We use average December rates to translate Swiss francs into euros and US dollars, as follows:

EUR USD
   
Dec. 1998 1.5943 1.3588
Dec. 1999 1.6012 1.5819
Dec. 2000 1.5135 1.6874
Dec. 2001 1.4743 1.6498
Dec. 2002 1.4680 1.4410
Dec. 2003 1.5549 1.2664
Dec. 2004 1.5359 1.1453
Dec. 2005 1.5478 1.3047
Dec. 2006 1.5966 1.2078
   

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