Sign In

Fabien Delessert, CFA

co-CEO & Chief Investment Officer

Fabien Delessert is the Co-CEO and Chief Investment Officer (CIO) at FCT Pension, a significant player in the pension fund sector, managing approximately $7.4 billion in assets. He has held this position since July 1, 2024, when he was appointed alongside François Kissling to lead FCT Services SA, the entity responsible for managing the group's foundations, FCT and FCT 1e.12

Professional Background

Before becoming Co-CEO, Delessert was instrumental in the growth of FCT Pension, contributing to an increase in assets from $4.2 billion to $7.1 billion over five years as part of the investment committee. His investment strategy is heavily influenced by notable figures such as Howard Marks and David Swensen, focusing on "second-level thinking" to navigate complex investment landscapes. This approach emphasizes understanding potential outcomes that are often overlooked by conventional strategies.1

Investment Philosophy

Delessert advocates for a dual strategy in investment management:

  • Active Management: Employed for high-return investments in sectors like real estate and private markets.
  • Passive Management: Preferred for traditional asset classes such as equities and fixed income.

He is optimistic about opportunities within the international real estate market, particularly during times of market distress, and emphasizes the importance of flexibility among managers to adapt to changing market conditions.13

Sustainability Focus

Under his leadership, FCT Pension is committed to sustainability, particularly through investments that reduce carbon footprints and promote renewable energy sectors. Delessert aims to integrate Environmental, Social, and Governance (ESG) criteria into investment processes, ensuring that the fund not only seeks financial returns but also contributes positively to societal goals.12

In summary, Fabien Delessert's leadership at FCT Pension reflects a strategic blend of innovative investment practices and a commitment to sustainable development, positioning the fund for future growth amidst evolving market conditions.

Highlights

Nov 14 · marketsgroup.org
Swiss CIO on adopting Yale's and Oaktree's strategies for portfolio ...
Feb 26 · fctpension.swiss
New leadership for the FCT Group
New leadership for the FCT Group

Related Questions

What are Fabien Delessert's key strategies for investment at FCT Pension?
How has Fabien Delessert's approach to investment evolved over time?
What specific sectors does Fabien Delessert focus on for high-return investments?
How does Fabien Delessert incorporate ESG principles into FCT Pension's investment strategy?
What role does active management play in Fabien Delessert's investment strategy?
Fabien Delessert, CFA
Fabien Delessert, CFA, photo 1
Fabien Delessert, CFA, photo 2
Add to my network

Location

Lausanne, Vaud, Switzerland