Global Custody Solutions Credit Suisse Swiss Pension Fund Index

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. 

Positive Start to Year for Credit Suisse Swiss Pension Fund Index Leads to New All-Time High

Performance of Swiss Pension Funds on the Basis of Credit Suisse Global Custody Data as at March 31, 2017

In the reporting quarter, the Credit Suisse Pension Fund Index advanced by 4.40 points (2.76%) to reach a new all-time high of 164.03 points as of March 31, 2017, from a baseline of 100 at the start of 2000.

After a marginal positive start in January (+0.26%), the Credit Suisse Pension Fund Index showed a remarkable increase (+1.83%) in February before ending the first quarter in March on a slightly more moderate note (+0.65%).

All asset classes posted positive returns in the first quarter of the year. Swiss equities (+1.03%) and foreign equities (+1.03%) contributed most to the sizable advance in the Credit Suisse Swiss Pension Fund Index. The real estate asset class also made a significant contribution (+0.49%).

Smaller contributions were made by Swiss (+0.06%) and foreign currency bonds (+0.05%), alternative investments (+0.03%), liquidity (+0.03%), others (+0.02%), and mortgages (+0.01%).

The BVG mandatory minimum rate of return (1% p.a. since January 2017) rose by 0.38 points (0.25%) to 150.97 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 2.51% above the BVG requirement in the first quarter of 2017.

Credit Suisse Pension Fund Index 1st quarter 2017 PDF