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by mamonster 3 days ago
They are the 2nd biggest after Swisslife (I think?), but the profitability is kind of a bad metric because they are required to both fund their pension fund (36 thousand employees) and invest into infrastructure from this money. They make something like 250mio CHF before their commitments to infra + pensions and only have 30 million left over.

There are now a lot of complaints/demands that they should be required to make more affordable housing with their portfolio.

1 comments

That's what I heard yes, that SwissLife was the biggest. I kind of like the idea, but at the same time it creates a lot of conflicts of interest.