Merit was founded in 1988 by Dr. Michael Zillner. During the past 20 years the organisation evolved into an integrated universal service provider offering practical risk management solutions in a wide range of commodities. Merit’s specialists also offer custom made or standardized portfolio and exposure management services to clients.


… extend over a wide range of underlying commodities having serviced
major industry leaders in various commodity producing, processing, or
consuming sectors. Specifically, clients can choose from a comprehensive
set of services which include:

• detailed analysis of a company’s price risks


• regular risk position reporting


• definition of proper hedging strategies in order to optimize operation results


• analysis of past and current supply or delivery contracts as to commodity pricing mechanisms


• implementation and monitoring of exposure management


• documentation of the whole risk management process including coordination with the company’s auditors.

… features a unique and full-grown capability of managing investment
portfolios on the basis of an internally developed quantitative
investment framework.
Merit’s quantitative investment philosophy enables the implementation
and management of investment strategies with clearly defined and
controlled risk management and capital preservation objectives.

Our proven quantitative portfolio management framework has been applied
through a broad range of products and services to mutual funds,
institutional funds, investment mandates, as well as to advisory
solutions including overlay strategies. Furthermore, the tools developed on this platform are an important ingredient in our exposure management services for our clients.