Swiss pension funds are investing more than ever in infrastructure, but most of the money is flowing abroad
Since a 2020 regulatory change allowing up to 10% of portfolios in rail, data centres and district heating, infrastructure holdings have risen from CHF 4.5 billion to CHF 16 billion in four years.
Even so, this represents just 2.9% of total assets under management, according to industry body ASIP — well below the ceiling.
Successful Lausanne Marathon despite weather conditions
Rain and wind did little to dampen the 33rd Lausanne Marathon, which drew more than 15,500 registered runners yesterday
More weekend protests in France
More than 400,000 people took to the streets across France on Saturday to protest against the rising cost of living and cuts to public services
Huge restructure for Migros
Migros is preparing the biggest restructuring in its history, with up to 3,000 administrative jobs reported to be on the line
Hydropower expansion less than expected
A confidential federal report has revealed that Switzerland's planned hydropower expansion will deliver far less electricity than voters were promised
Increase in burglaries
Burglaries are surging across French-speaking Switzerland, with Geneva the hardest hit canton in the country
Car accident near Geneva
Three men are in a critical condition in hospital after a wrong-way crash this morning on the A40 motorway at Saint-Julien-en-Genevois
