Swiss Government Pension Fund Allocating 2% Of Pension Fund To Gold Bars
via IPE Quest
The Swiss government pension fund, Switzerland’s AHV/AVS fund, has decided to diversify into physical gold bars in their substantial CHF35.2bn (€30.5bn) pension portfolio.
At the end of last week the first pillar buffer fund tendered a custodianship and storage for CHF 700m (EUR 600m / USD 700m / GBP 525m) in gold bars via IPE Quest.

The bars are to be stored in Switzerland either collectively or individually, the tender (QN-2447) states.
The tender marks a shift in the investment strategy for AHV/AVS, as it previously only invested in gold and silver via swaps.
“The supervisory board has decided we are to invest in physical gold

Family Offices and HNWs Are Investing In Gold Again
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– Gold investment ‘indemnifications’? Gold should not be overcomplicated – Family offices and high net worth (HNWs) should hold gold for wealth preservation and protection during downturns
Editor: Mark O’Byrne
Gold exchange traded funds (ETFs)