Exclusive: Swiss fund to increase non-Swiss equities

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Switzerland's Versicherungskasse der Stadt Zurich (Zurich civic pension fund) is to increase its non Swiss equities brief as part of a review of the entire CHF12bn (US$6.7bn) fund.

Armin Braun, chief executive of the fund said that the existing CHF2.4bn non-Swiss equities portfolio would be increased but could not say how much by at this stage. The result emanates from an ...

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