UNBUNDLING

AtonRa Partners has adhered to the unbundling principle since its inception.

AtonRa Partners is a member of the Swiss self-regulatory body ARIF.

In our view, a transparent reporting of commissions paid for research-related services encourages higher standards of integrity and trust, aligning financial interests of both investors and research houses.

The unbundling process allows niche research firms like ourselves to focus on added value items, such as investment research and pure idea generation. The link to investment banking as a source of income is not needed anymore.

We provide our customers with all sorts of unbundling agreements, from CSAs (commission-sharing agreements) to soft dollars and direct billing.

For more information about our unbundling agreements please contact us at:
unbundling@atonra.ch

AtonRa Partners SA is a member of the Swiss self-regulatory body ARIF.

More information about the ARIF is available at :
http://www.arif.ch/menuE.htm