Hansruedi Scherer, a partner at Zurich-based PPCmetrics, also said he was unaware of pension funds investing in the Greensill-Credit Suisse product. The underlying issue of low interest rates combined with high promised benefits meant that “pension funds may be tempted to take risks that are not appropriate,” he told IPE.
Article in “IPE Magazine”, March 2021
Greensill-Credit Suisse case unlikely to harm Swiss pension funds
