De En
  • About us
    • Principal
    • Board of Directors
    • Team Liechtenstein
    • Team Zurich
    • Quorus
  • Services
    • Portfolio Management
    • Funds
    • Family Office
    • Private Markets
  • Locations
    • Liechtenstein
    • Zurich
  • News
  • Jobs and Career
  • Legal Notice
  • General Business Conditions
  • Management of Client's Complaints
  • Data Protection
  • Participation Policy
  • Sustainability
Who we are

In a successful team, each member takes the lead when called upon. For some unimaginable. For us a matter of principle.

News

The investment report
for the second quarter of 2026 is available for download:

  • About us
    Principal was founded in 1989 and remains an owner-managed company. We take the long-term perspective and aim to be a trustworthy partner for our clients because we are both transparent and independent.
    • Principal
    • Board of Directors
    • Team Liechtenstein
    • Team Zurich
    • Quorus
  • Services
    As an asset management boutique, we offer our long-term international clients individually tailored asset management, advisory and family office services.
    • Portfolio Management
    • Funds
    • Family Office
    • Private Markets
  • Locations
    With our locations in Liechtenstein and Switzerland, we operate in two economic areas with a long tradition as international financial centres.
    • Liechtenstein
    • Zurich
About us

In a successful team, each member takes the lead when called upon. For some unimaginable. For us a matter of principle.

Principal

 

As an international financial services provider, we have been a reliable partner for our international clients for over three decades:

  • Established in 1989
  • Bank-independent asset management boutique
  • Attractive locations in Liechtenstein and Zurich
  • Majority of shares held by the Managing Partners and the members of the Board of Directors
  • A reliable partner with an entrepreneurial mindset
  • Long-standing and experienced team
  • Powerful network of experts
  • We share the Liechtenstein infrastructure with the fund management company IFM Independent Fund Management AG 
  • Licensed and supervised by the Financial Market Authority (FMA) in Liechtenstein
  • Access to the EU/EEA market via the EU passporting regime
  • MiFID II-compliant
  • Member of the Association of Independent Asset Managers in Liechtenstein (VuVL)
  • Licensed by the Financial Market Supervisory Authority (FINMA) in Switzerland and supervised by the supervisory organization AOOS
  • Member of the Swiss Association of Wealth Managers (SAM)

 


Principal Group

 

 


Board of Directors


Principal Holding AG

 

Heimo Quaderer
Partner and Chairman of the Board of Directors
Heimo Quaderer
Partner and Chairman of the Board of Directors (since 1989)
  • Client Relationships
  • Business Development
  • Alternative Investments
  • Participations

Founding Member of the Association of Independent Asset Managers in Liechtenstein (VuVL)
Member of the Investment Committee of various Family Offices

H.I.R.H. Simeon von Habsburg
Partner and Member of the Board of Directors
H.I.R.H. Simeon von Habsburg
Partner and Member of the Board of Directors (since 1991)
  • Client Relationships
  • Member of the Investment Committee
  • Business Development

Licencié en sciences économiques appliquées (Université Louvain-la-Neuve, Belgium)

Luis Ott, CEFA
Partner and Non-Executive Director
Luis Ott, CEFA
Partner and Non-Executive Director (since 1993)
  • Partner and Managing Director of IFM Independent Fund Management AG, Schaan

Swiss-certified Financial Analyst and Asset Manager

H.S.H. Prince Michael of Liechtenstein
Non-Executive Director
H.S.H. Prince Michael of Liechtenstein
Non-Executive Director (since 2011)
  • Executive Chairman of the Board of Directors Industrie- & Finanzkontor Etablissement, Vaduz
  • Founder and Chairman Geopolitical Intelligence Services AG, Vaduz
  • President of the Board of Trustees European Centre of Austrian Economics Foundation, Vaduz
  • President Liechtenstein Finance e.V., Vaduz

mag.rer.soc.oec., Trustee, TEP

Hugo Quaderer
Member of the Board of Directors
Hugo Quaderer
Member of the Board of Directors (since 2016)
  • Delegate of the Board of Directors
  • Management of Strategic Projects

President Liechtenstein Football Association
Former Member of the Liechtenstein Government as Minister for Education, Social Affairs, Sport, Home Affairs and the Environment (2005 – 2013)

Daniel Kallay
Non-Executive Director
Daniel Kallay
Non-Executive Director (since 2018)
  • Long-term international experience in the field of the Fast Moving Consumer Goods industry (food/beverage)

MBA (University of St. Gallen)

 


Team Liechtenstein


Our highly experienced team has worked together for many years and is responsible for both the portfolio management and family office services.

Yves Akermann
Head of IT Solutions
Yves Akermann
Head of IT Solutions (since 2000)
  • IT Solutions
  • IT Service Desk

Computer Scientist with Swiss Federal Diploma

Andrea Benesch, CFA
Senior Portfolio Manager Fixed Income
Andrea Benesch, CFA
Senior Portfolio Manager Fixed Income (since 2024)
  • Portfolio- and Fund Management

B.Sc. Business Administration (UAS Graubünden)

 

 

Siegbert Boettinger
Senior Portfolio Manager Fixed Income
Siegbert Boettinger
Senior Portfolio Manager Fixed Income (since 2024)
  • Fund Management

MSc in Economics

Markus Brandl, CFA
Member of the Management Board
Markus Brandl, CFA
Member of the Management Board (since 2011)
  • Member of the Investment Committee
  • Family Office
  • Manager Selection
  • Fund Management

Master of Business Administration (University of Innsbruck)

*subject to FMA's approval

Marcus Brüstle
Senior Advisor
Marcus Brüstle
Senior Advisor (since 2025)
  • Client Relationship Management
  • Tied Agent, 4MB GmbH
Bruno Casanova
Controller
Bruno Casanova
Controller (since 2020)
  • Controlling

Certified Expert in Accounting and Controlling

Certified Business Economist HF

 

Andi Curri
Reporting & Controlling Specialist
Andi Curri
Reporting & Controlling Specialist (since 2025)
  • Business-Analysis
  • Application Management

B.A. in Political Sciences - International Relations (Università Degli Studi di Firenze, Florence)

Jasmine Eberle
Accounting / Human Resources
Jasmine Eberle
Accounting / Human Resources (since 2020)
  • Financial Accounting / Internal Accounting
  • HR Management

Certified Accounting Clerk
HR Assistant

Severin Elkuch
Senior Operations Officer
Severin Elkuch
Senior Operations Officer (since 2024)
  • Head of Back Office & Operations (LIE)
  • Business Operations and IT Interfaces​​​​​​
  • Securities Accounting

B.Sc. in Business Administration - Banking and Finance (UAS Zurich, Winterthur)

Leon Fehr
Project & Process Manager
Leon Fehr
Project & Process Manager (since 2023)
  • Head of Business Applications & Projects
  • Project- and Process Management
  • Business Analysis
  • Business Operations and IT Interfaces

B.Sc. in Business Administration - Banking and Finance (UAS Zurich, Winterthur)

MBA in Technology & Innovation (University of Liechtenstein)

Manuela Fiel
Reception/Office Management
Manuela Fiel
Reception/Office Management (since 2002)
  • Reception
  • Office Management
Martin Fraisl, CFA
Senior Portfolio Manager
Martin Fraisl, CFA
Senior Portfolio Manager (since 2024)
  • Portfolio- and Fund Management
  • Reporting & Controlling
  • Client Relationship Management

Mag. (UAS Vorarlberg)

Marc Gabathuler
Accounting / Human Resources
Marc Gabathuler
Accounting / Human Resources (since 2001)
  • Head of Financial- and Client Accounting
  • HR Management
  • Internal Auditing
  • Investment Compliance

Specialist in Finance + Accounting with Federal Diploma (FA)

Dr. Uwe Heller, CFA
Chief Investment Strategist
Dr. Uwe Heller, CFA
Chief Investment Strategist (since 2023)
  • Head of Investment Committee
  • Asset Allocation

Dr. rer. pol. (University of Fribourg / Stanford University)

Samuel Hoop, CFA, CIPM
Senior Portfolio Manager
Samuel Hoop, CFA, CIPM
Senior Portfolio Manager (since 2012)

Member of the Management Board of Quorus Asset Management AG

  • Portfolio- and Fund Management
  • Manager Selection
  • Member of the Investment Committee
  • Reporting

Business Economist (UAS Chur)

Marcus Jörger
Junior Portfolio Manager
Marcus Jörger
Junior Portfolio Manager (since 2019)
  • Portfolio Management Assistant

Certified Business Specialist (Kaderschule Zurich)

Sonja Kerber
Executive Assistant
Sonja Kerber
Executive Assistant (since 2023)
  • Executive Assistant
  • Project Management

Postgraduate Diploma in Business Administration, Federal Diploma (HF)

Marketing Specialist with Federal Diploma (FA)

 

Ralf Konrad
Chief Executive Officer
Ralf Konrad
Chief Executive Officer (since 2022)
  • Business Development
  • Client Relationship Management
  • Member of the Investment Committee

M.Sc., Chemistry (Technical University of Kaiserslautern)
CAS General Management HSG (University of St. Gallen)

Christine Louise
PA to H.R.H. Simeon von Habsburg
Christine Louise
PA to H.R.H. Simeon von Habsburg (since 2003)
  • Secretary

Business Manager (EFZ certificate)

Marcel Marentini
Senior Analyst and Fund Manager
Marcel Marentini
Senior Analyst and Fund Manager (since 2019)
  • Fund Management
  • Equity Analyst

Founder and Owner of Beagle Asset Management AG

Reto Nägele
Portfolio Manager
Reto Nägele
Portfolio Manager (since 2022)
  • Portfolio Management

Business Manager (E-profile EFZ certificate) 
Certified Private Banker CAS (University of Liechtenstein)

Josef Scherrer
Senior Analyst and Fund Manager
Josef Scherrer
Senior Analyst and Fund Manager (since 2014)
  • Fund Management
  • Mid & Small Cap Research

MBA (University of St. Gallen)
Swiss-certified Asset Manager and Financial Analyst
Founder and Owner of Scherrer Asset Management AG

Céline Sommer
Assistant Compliance & Family Office
Céline Sommer
Assistant Compliance & Family Office (since 2016)
  • Executive Assistant
  • Compliance
  • Family Office

B.Sc. in Tourism (UAS Graubünden)

Andreas Spalt
Member of the Management Board
Andreas Spalt
Member of the Management Board (since 2000)
  • Head Portfolio Management
  • Foreign Exchange Management
  • Asset Allocation
  • Member of the Investment Committee

Master of Business Administration (University of Innsbruck)

Pieter van der Byl
Senior Advisor, Fund Manager
Pieter van der Byl
Senior Advisor, Fund Manager (since 2014)
  • Fund- and Portfolio Management
  • Analyst

MA in Finance & Economics (Heriot-Watt University, Edinburgh)

Doris Walser-Ritz
Member of the Management Board
Doris Walser-Ritz
Member of the Management Board (since 2009)
  • Head of Legal & Compliance
  • Family Office
  • Board Matters

Swiss-Certified Export Manager
Various CAS in Business Law & Compliance (University of Konstanz)

Raphael Zech
Junior Operations Manager
Raphael Zech
Junior Operations Manager (since 2025)
  • Securities Accounting

Business Manager

Admira Zulji
Securities Accountant
Admira Zulji
Securities Accountant (since 2023)
  • Securities Accounting

Business Manager

 


Team Zurich


Our team in Zurich has proven expertise in the field of alternative investments and complements the range of services offered by the Principal Group.

 

Fabian Klingler
Member of the Management Board
Fabian Klingler
Member of the Management Board (since 2017)
  • Private Markets Investments
  • Member of the Investment Committee Private Markets

M.A. in Law and Economics (University of St. Gallen)

Philipp Löhr
Investment Manager Private Markets
Philipp Löhr
Investment Manager Private Markets (since 2025)
  • Private Markets Investments

CEMS Master in International Management (University of St. Gallen / Keio University)

M.A. in Banking and Finance (University of St. Gallen)

Sebastian A. Ott, CFA
Associate Private Markets
Sebastian A. Ott, CFA
Associate Private Markets (since 2024)
  • Private Markets Investments

M.A. HSG in Banking and Finance (University of St. Gallen)

Master in Management Grande École (HEC Paris)

Olivia von Sury d'Aspremont
Investment Manager Private Markets
Olivia von Sury d'Aspremont
Investment Manager Private Markets (since 2022)
  • Private Markets Investments

B.A. in Business and Economics (University of Zurich)

M.Sc. in Economics and Strategy (Imperial College London)

Wladimir Weinbender
Senior Operations Specialist Private Markets
Wladimir Weinbender
Senior Operations Specialist Private Markets (since 2023)
  • Systems & Reporting

Master of Science UZH ETH in Quantitative Finance (ETH Zurich)
 

Cornelia Zeinler
Member of the Management Board
Cornelia Zeinler
Member of the Management Board (since 2018)
  • Private Markets Investments
  • Member of the Investment Committee Private Markets

Master of Business Administration and Master of Law (University of Innsbruck)

 


Quorus


The investment specialists of Quorus Asset Management AG complement the Principal team. Mutual synergies from sharing the expert know-how between the teams and full access to both locations in Liechtenstein and Zurich, enable the provision of high-quality dedicated investment management services.

 

Matthias Biedermann
Co-Managing Director
Matthias Biedermann
Co-Managing Director (since 2026)
  • Client Relationship Management

Executive MBA in Wealth Management (University of Liechtenstein)
Certified Wealth Management Advisor, CWMA (Swiss Association for Quality)

Samuel Hoop, CFA, CIPM
Member of the Executive Board
Samuel Hoop, CFA, CIPM
Member of the Executive Board (since 2023)
  • Fund- and Portfolio Management
  • Member of the Investment Committee

Business Economist (UAS Chur)

Josef Quaderer
Non-Executive Director
Josef Quaderer
Non-Executive Director (since 2016)
  • Founder and Partner of Quaderer Treuhand Anstalt in Schaan

Trustee acc. to Art. 2 of Professional Trustee and Fiduciary Act (TrHG)

Norman Quaderer
Managing Director
Norman Quaderer
Managing Director (since 2021)
  • Portfolio Management
  • Client Relationship Management

B.Sc. Financial Economics (University of Essex, Colchester)

M.Sc. Banking and Financial Management (University of Liechtenstein)

Anja Schädler
Portfolio Manager
Anja Schädler
Portfolio Manager (since 2024)
  • Portfolio Management

B.Sc. Business Administration – Banking & Finance (FFHS, Zurich)

Julia Schädler
Investment Manager
Julia Schädler
Investment Manager (since 2026)
  • Portfolio Management
  • Investment Reporting

Certified International Investment Analyst – CIIA (AZEK Zurich)

PRINCIPAL ASSET MANAGEMENT AG

  • Landstrasse 30
    FL–9494 Schaan
    Liechtenstein
    Phone +423 235 04 40
    info(at)principal.li
  • Stockerstrasse 57
    CH–8002 Zurich
    Switzerland
    Phone +41 44 500 19 40
    info(at)principal.ch
  • News
  • Jobs and Career
  • Legal Notice
  • General Business Conditions
  • Management of Client's Complaints
  • Data Protection
  • Participation Policy
  • Sustainability