Swiss pension funds reduce domestic equities and bonds

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SWITZERLAND - Swiss pension funds reduced their allocations to domestic bonds and equities during the first quarter of 2005 in exchange for foreign bonds and equities, according to Credit Suisse Asset Management.

Releasing the first quarter results for the CSAM Swiss Pension Fund Index, the firm said weightings to Swiss bonds reduced by 1.1% while the reduction in Swiss equities was 1.4%. Foreign equitie...

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