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product_feature: axion:wm:pf:open_architecture_with_proprietary

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id product_id feature_key feature_value note source_page
axion:wm:pf:open_architecture_with_proprietary axion:wealth_management investment_universe Open architecture WITH proprietary SICAV — hybrid posture Per general-information-for-clients Section 3.5 Investment universe: "The bank selects financial instruments for its Discretionary management mandate and advisory services on the basis of products from both BancaStato Group entities and a wide range of third party providers." Hybrid: open architecture but also markets its own ASB Axion SICAV. Distinct from pure-OA Maerki Baumann; distinct from heavily-proprietary universal banks. Conflict-of-interest disclosure explicit in Section 3.7 ("the bank's own interest from sale and trading of financial instruments, including instruments issued by an entity controlled by Axion SWISS Bank or by another entity belonging to the BancaStato Group").  
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