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Inherited a Swiss holding company – what do we do with the portfolio? (lemmy.blahaj.zone)

submitted 2 weeks ago by [email protected] to c/investing

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My wife is inheriting an investment holding company that belonged to her grandpa, who passed away a few years ago. The ownership transfer is in the final stages, so we'll need to start thinking about what we ought to do with the assets it holds. Could you guys give us some guidance?

The company's assets are in a Swiss account that includes:

175 ozt fine gold (0.995), valued at about $500K USD;
2,000 shares of UBS Asia Flexible Bond Fund USD P-acc, valued at about $300K USD;
Cash, mostly in Euros, valued around €350K/$360K.

The Asia bond fund invests in a variety of countries, including Indonesia, the Philippines, and Sri Lanka. About a quarter is sovereign bonds, and the rest is a mixture of bonds in those emerging markets.

The performance is not terrific, but now does seem like a good high point to sell. The percentage growth over the years was -5.7% in 2021, -16.4% in 2022, 3.9% in 2023, and 5.8% in 2024. Am I correct in thinking it's rational to sell these shares?

As for the gold, I'm not actually sure what makes the most sense. Thoughts?

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[–] [email protected] 1 points 2 weeks ago

We are shopping for an asset manager, but it seems like a good idea to walk into that with our eyes already open and some beginning ideas.