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”.
This article was published automatically. Source: ats / awp