SWITZERLAND - The Fonds de compensation de l'Assurance -Vieillesse et Survivants (AVS) sustained losses of Sfr1.016bn in 2002, attributed to the downward trend in equity markets.
The fund’s overall allocation to equities at the end of 2002 was 20.4%, adjusted from the January 2002 allocation of 24.8%, but falling far short of the target of 40% it originally set in place. ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date