LONG-TERM
INVESTMENT STRATEGY

As the supreme body of ALSA PK, the Foundation Board decides on the investment strategy. Together with the professional asset manager, the investment committee is responsible for implementing the strategy and for short-term profit optimization.

 

 

Strategy Total assets as at 31.03.2023

Asset class Market value in thousands of CHF Allocation Strategy Range
Cash / other assets 87'790 3.4% 3.0% 0-20%
Investments in nominal value 438'076 16.8% 21.0% 0-40%
- Bonds Switzerland 185'222 7.1% 9.0% 0-20%
- Bonds FW hdg CHF 0 0.0% 2.0% 0-5%
- Mortgage loans 252'853 9.7% 10.0% 0-15%
Shares 898'594 34.5% 35.0% 10-50%
- Swiss Equities 740'055 28.4% 30.0% 10-40%
- Foreign equities 158'539 6.1% 5.0% 0-10%
Swiss real estate 910'313 35.0% 31.0% 20-45%
- Direct real estate 571'214 21.9%    
- indirect real estate 339'099 13.0%    
Real estate abroad 46'844 1.8% 2.0% 0-5%
Alternative investments 171'991 6.6% 6.5% 0-12%
- Loan / Mezzanine CHF 15'265 0.6% 1.5% 0-2%
- private equity 156'725 6.0% 5.0% 0-10%
Infrastructure CHF 50'230 1.9% 1.5% 0-2.5%
Total 2'603'837 100.0% 100.0%