Investments - how we invest your assets

Update January 2022:

2021 ended on a positive note overall, and we achieved a return of 6.7%. This performance is largely due to encouraging returns in equity markets.

We completed an asset-liability study in 2021 in order to align our investments with our current obligations. One consequence of the strong increase in the number of retirees over the years, especially within the HPE affiliations, is a decreasing ability to endure fluctuations in the financial markets.

The Board of Trustees has therefore decided on a new investment strategy with a lower equity allocation for 2022. Instead, we will invest more in bonds and generally reduce our investments in foreign currencies. The new asset allocation was implemented as of 1 January 2022.

Based on our relatively high equity allocation we have experienced rather volatile performance in the past. With the new investment strategy 2022 we expect less volatile returns in future.

Over the past 3 years we have come down from an equity allocation of 50% to 42% to 30% and increased our real estate holdings and bond allocation instead.

Ethos Engagement Pools (EEP) Switzerland and International

Our pension fund is a member of the two Ethos Engagement Pools (EEP) Switzerland and International and has been committed to sustainability (ESG) for several years.