Special Premiere on the Swiss Stock Exchange
On Thursday, Inyova listed the first impact ETF on the Swiss stock exchange SIX, aiming to send a clear signal to the market.
Sustainable finance has seen better days. The market has shrunk significantly, and talk of a «sustainability winter» has become commonplace.
Against this backdrop, the timing is fitting: on Thursday, the first impact ETF was listed on SIX. The actively managed ETF was launched by Inyova.
Market Smaller, but More Sophisticated
With this move, the Swiss impact specialist is responding to demand from private investors for sustainable investment products with real-economy impact. «The market may be smaller, but it has become more sophisticated,» says Inyova founder and chairman Tillmann Lang.
The actively managed product invests broadly across the equity market in companies that generate strong value creation while pursuing clearly defined environmental and social objectives. «This also addresses a market that is increasingly moving away from purely passive strategies and instead demands—and delivers—measurable impact metrics,» Lang adds.
Unlike traditional ETFs, the product combines the generation of financial returns with binding sustainability metrics. By pairing established public-market sectors with a rigorous impact measurement framework, Inyova aims to reach additional retail investor segments and drive growth in assets under management.
Active Portfolio Management as a Key Differentiator
To support this strategy, Inyova has expanded its portfolio management and research processes. The enhancements include a broader data foundation for impact analysis, an activist research framework to identify outperformers, and improved tracking systems for performance, impact and exposure. This is intended to enable more precise attribution and robust ex-ante analysis not only in Europe but also in the North American market. Investors can thus better identify which factors contribute to performance.
With its combination of active management, regulatory tailwinds and enhanced impact analytics, the ETF aims to become a leading solution in the fast-growing retail impact investment segment. Inyova also wants to set a signal in terms of innovation. «To my knowledge, there is currently no comparable product. The Swiss example could well set a precedent internationally,» says Lang.