Global Custody Solutions Credit Suisse Swiss Pension Fund Index
A comparison of Swiss pension funds
Published quarterly, the Credit Suisse Swiss Pension Fund Index gives a representative,
up-to-date picture of second pillar (employee benefit) investment activity. Thanks to the breadth of its analysis, the index accurately reflects the behavior of pension funds that have a global custody arrangement with Credit Suisse.
Credit Suisse Swiss Pension Fund Index Remains Positive in Second Quarter and Reaches New High
In the reporting quarter, the Pension Fund Index advanced by 1.15% to reach a new all-time high of 165.92 points as of June 30, 2017, from a baseline of 100 at the start of 2000.
After a positive development in April (+0.99%) and May (+0.56%), the Credit Suisse Swiss Pension Fund Index showed a decline in June (–0.39%). Swiss equities contributed significantly to the positive development of the Credit Suisse Swiss Pension Fund Index (+0.75%). Real estate (+0.30%), liquidity (+0.13%), and foreign equities (+0.10%) also made positive contributions. Foreign currency bonds (–0.07%) and alternative investments (–0.06%) made negative contributions in the second quarter, however.
The index of the BVG mandatory minimum rate of return (1% p.a. since January 2017) rose by 0.25% to 151.34 points in the reporting quarter, likewise from a baseline of 100 in January 2000. The return of the Credit Suisse Swiss Pension Fund Index is therefore 0.90% above the BVG requirement in the second quarter of 2017.