CYD Research GmbH was founded in 2005 on the basis of the findings of research projects on the evaluation of commodity futures carried out under the auspices of Prof. Heinz Zimmermann at the Universities of St. Gallen (HSG) and Basel.
Milestones
2005: Incorporation of CYD Research GmbH in Basel.
2006: Start of the partnership with ABN Amro (today RBS) for the launch of products based on CYD commodity indices; start of the partnership with BayernInvest Luxembourg for the launch on actively managed funds; launch of the CYD LongShort fund in Luxembourg.
2007: Relocation of the company to Zürich; AuM in CYD-based products exceed USD 500 Mio.; the certificates on the CYD indices by ABN Amro are awarded by the Swiss Derivative Award.
2008: AuM exceed USD 1 billion; RBS launches the Market Access III CYD MarketNeutral Plus Index Fund, a market-neutral UCITs III fund offering daily liquidity; launch of the actively managed CYD AlphaCommodities fund.
2009: CYD becomes a subsidiary of Vescore Solutions AG; relocation of the company to Bahnhofstrasse in Zürich; launch of the actively managed CYD LongOnly fund; launch of the benchmark-based long-only mandates as managed accounts.