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. 

Credit Suisse Swiss Pension Fund Index Remains Positive in Third Quarter After Peaking in September

Performance of Swiss Pension Funds on the Basis of Credit Suisse Global Custody Data as at September 30, 2017

The Credit Suisse Swiss Pension Fund Index rose by 1.82% in the third quarter of 2017 to reach a new all-time high at the end of September.

All months in the current reporting quarter showed a positive return, with an impressive increase in the index in July 2017 (+1.12%).

Equities accounted for the bulk of the positive performance, with foreign equities contributing 1.08% to the return and Swiss equities contributing 0.46%. Bonds also impacted positively with +0.22% for foreign currency bonds and +0.04% for CHF bonds, as did alternative investments (+0.13%). Liquidity includes not only cash but also all FX forwards for currency hedging. Negative interest rates on cash balances and losses on short FX forwards due to appreciating foreign currencies in the third quarter are reflected in a negative contribution in the liquidity component (–0.21%).

Credit Suisse Swiss Pension Fund Index Q3 2017 PDF