Year of origin of the later Wegelin & Co. Privatbankiers, formerly the oldest private bank in Switzerland.
The 1741 Fund Solutions Ltd, headquartered in St. Gallen, is founded as a subsidiary of Wegelin & Co., under the former name "Wegelin Fondsleitung Ltd". 1741 Fund Solutions Ltd operates primarily as a Swiss fund management company of Bank Wegelin.
The 1741 Fund Solutions Ltd is sold together with the non-US business of Bank Wegelin & Co. to the Raiffeisen Switzerland Cooperative and renamed into 1741 Asset Management Ltd. In the following years, there have been numerous structural adjustments and a further change of name.
1741 Fund Management Ltd, headquartered in Vaduz, is founded as a further subsidiary of the Raiffeisen Switzerland Cooperative and functions as both a UCITS management company as well as an EU sales hub for the asset management of Raiffeisen Switzerland Cooperative.
1741 Fund Management Ltd receives the authorisation to act as AIFM in accordance with the AIFM Directive, which came into force in the same year, and launches the first AIF in Liechtenstein.
Markus Wagner and Benedikt Czok found the 1741 Holding Ltd and acquire under its roof on 13th October 2016, both 1741 Fund Solutions Ltd and 1741 Fund Management Ltd. The newly formed 1741 Group acts independently since that day.
The 1741 Distribution Services Ltd is founded in St. Gallen as a further subsidiary of 1741 Holding Ltd and focuses exclusively on the sale of innovative investment solutions to professional investors in Switzerland. Consequently, the 1741 Group offers direct access to the institutional investor market in Switzerland and thus supports existing and new partners in the acquisition of new money.