SWITZERLAND - Exclusive: Geneva-based Fonds de Compensation de l'Assurance-Veillesse et Survivants (AVS), the state social security fund, has become the latest scheme to tap into the inflation-linked bond market.
AVS has just made an initial SFr1bn (e657m) commitment to an undisclosed Swiss investment manager for a passive brief benchmarked against the Barclays Global Inflation-linked Bond Index. The move m...
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