The performance comparison carried out on behalf of the Swiss pension fund society (ASIP) by the consulting firm Watson Wyatt shows a median return of -6.9% on the aggregate portfolio of the participating pension funds for the first semester 2008.
ASIP – Swiss Pension Fund Association,
Hanspeter Konrad, Director,
Tel: 043 243 74 15/16
Watson Wyatt AG (technical implementation),
Tel: 043 488 44 00
The ASIP Performance Comparison is with total assets of CHF 165 billions, 73 pension funds and over 600 portfolios the biggest independent comparison in Switzerland.
Zurich, 22 August 2008