Swiss pension funds can benefit from higher inflation ipe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipe.com Daily Mail and Mail on Sunday newspapers.
CSAM’s passive clients aren t worried, but will still monitor Greensill situation
Photo: Philipp Zinniker
Stefan Beiner said PUBLICA didn’t put CSAM on watch but will keep an eye on any changes at the firm.
A number of Credit Suisse Asset Management clients none with holdings in the $10 billion of supply chain finance funds the firm said it is terminating have no plans to make changes to their relationships with the money manager. But they ll still be watching the situation as it continues to unfold.
Executives at the pension funds said the terminations, which followed difficulties by the manager in reaching valuations and issues over insurance coverage related to now-collapsed financial services firm Greensill Capital, have no impact on their passive investments through CSAM.
DACH pension funds prepare for potential inflation hike ipe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipe.com Daily Mail and Mail on Sunday newspapers.