Austria’s proposed second pillar reform could unlock a €17.7bn transfer market by allowing broader movement of severance pay assets from provident funds into pension funds. Under the reform, all employees would be able to transfer entitlements held in pro... See more
The CHF3.8bn Swiss pension fund Siemens Pensionskasse is set to expand into direct lending as it seeks to diversify its portfolio and enhance returns. Chief investment officer Fausto Ciapponi told IPE that the move is intended both to broaden the fund’s i... See more
Germany’s nuclear waste management fund Kenfo is broadening its exposure to defence as institutional investors increasingly look to deploy capital into the sector. Going forward, Kenfo will be able to acquire shares and bonds in companies producing conven... See more
Swiss pension funds are reassessing foreign currency hedging for US dollar-denominated assets and gold, while largely avoiding tactical shifts. Publica is reviewing its strategic asset allocation, a process conducted at least every four years. This includ... See more
The CHF33bn (€36bn) Swiss multi-employer pension fund Asga Pensionskasse is increasing its allocation to alternatives to strengthen diversification and capture emerging investment opportunities. The pension fund said in a statement that its new investment... See more
