Post a Comment Print Share on Facebook

Reserves of the pension funds have halved 2018

The weak investment year 2018 has left Swiss pension funds clear traces. The reserves, which have accumulated in the pension funds in good years, halved the c

- 11 reads.

Reserves of the pension funds have halved 2018

The weak investment year 2018 has left Swiss pension funds clear traces. The reserves, which have accumulated in the pension funds in good years, halved the calculations of swisscanto. The obligations were, however, met still more than full, writes the ZKB daughter on Thursday.

Due to the in the past year, suffered investment losses were the reserves of the private sector pension funds in relation to the commitments made, on average, reduced from 14.4 percent to 7.7 percent. The average coverage ratio was 107.7 percent, but still solid. About 90 percent of a covering of obligations of 100 percent or more.

the public-law funds with full capitalisation, the coverage ratio declined by a significant 4.4 percentage points to 101.5 percent, more say it in the latest issue of the pension funds monitor of Swisscanto. Here, three-quarters are just above the 100 percent mark. In the System of full capitalisation of the private legal facilities are mandatory, need to be taken in case of under-coverage of timely remediation measures.

Swiss Canto is based on the information in the pension Monitor on extrapolations, which are based on the of the survey participants at the beginning of the year 2018, the chosen investment strategy. The survey of 535 pension Fund with assets of a total of 680 billion Swiss francs. Crucial for the calculations, the developments in the market.

Weak investment year

The year 2018 has been since the financial crisis ten years ago, one of the weakest years for Investment, it means more. The estimates of Swisscanto, the asset was weighted return of the pension funds in -3,53% and unweighted in -3,08%.

It had reported, with the exception of the Swiss franc bonds ( 0.1%) and the Swiss real estate ( 0.4%) for all asset class with negative returns. The strongest returns in the asset class of the Fund of Hedge Funds (-10.9%), raw materials (-10,3%), slipped. But with Swiss equities and foreign equity securities (-8,6%) lost the Treasury money.

Particularly weak in the fourth quarter, in the categories of global equities, and Swiss equities with a minus stands 12.3, respectively, 9.1 percent were under particularly severe pressure. The Swisscanto calculated total yield of the final quarter was -3,56%. (Dec/sda)

Created: 24.01.2019, 09:36 PM

Avatar
Your Name
Post a Comment
Characters Left:
Your comment has been forwarded to the administrator for approval.×
Warning! Will constitute a criminal offense, illegal, threatening, offensive, insulting and swearing, derogatory, defamatory, vulgar, pornographic, indecent, personality rights, damaging or similar nature in the nature of all kinds of financial content, legal, criminal and administrative responsibility for the content of the sender member / members are belong.