Pension fund assets rose 12.5% ​​in 2020 (study)

Despite the impact of the Kovid-19 epidemic, the fortunes of the Swiss pension fund jumped by 12.5% ​​last year, more than doubling from the previous ten years (5.8%) to an impact of $ 1,163 billion (CHF 1,030 billion).

The increase should be attributed exclusively to the appreciation of the Franc by about 10% against the dollar during the period under review, consulting firm Willis Towers Watson published in the latest edition of its study “Global Pension Assets”.

With a 2.2% share, Switzerland ranks seventh among the most important players, led by the United States (62.0%), Japan (6.8%), United Kingdom (6.7%), Netherlands, Australia. Canada. These markets represent more than 90% of the 22 core people (P22), whose cumulative fortunes rose by 11% to reach $ 52.5 trillion at the end of the year.

The authors of the study reported a significant increase in the ratio between the fortunes of pension funds and the average gross domestic product (GDP), which is 80.0% globally at the end of 2020, or 11.2 points higher than a year earlier. For Switzerland, the increase was marked as even higher (+17 points 163%).

The Swiss Fund’s asset allocation is “slightly more balanced” than international, with 31% equity, 34% bonds, 31% alternative assets and 5% cash.

A massive redevelopment of capital is expected, as the investment world is currently undergoing a fundamental shift to integrate extra-financial aspects into its decision-making processes, says Michael Valentine of Willis Towers Watson, on sustainability criteria In terms of attention. He says that “will mark the pension sector in the coming decades”.

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This article was published automatically. Source: ats / awp

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