Bond Market: Swiss pension funds make the right decisions
Daniel Varela, Chief Investment Officer, and Christophe Julen, Head of Institutional Management, discuss the proactive response of Swiss pension funds to challenges in the bond market.
"Today, the world has changed, becoming much more turbulent on various fronts, such as geopolitics and inflation. In the United States, bond yields more than offset anticipated inflation for the coming years, with real yields after inflation not having been this high in fifteen years. The crucial choice for an active pension fund manager is the duration."