Istituto di Previdenza del Cantone Ticino (IPCT) publishes on its website:
At the end of 2024, following the implementation of a first tranche of employer contribution reserves (RCDL), the Board of Directors requested an update of the investment strategy of the IPCT portfolio. The study, carried out in collaboration with the external consultant PPCmetrics, led to a slight modification of the strategy, which will be implemented from 1 March 2025.
The main changes were:
– an increase in the Swiss equity portion (+2%) and Swiss real estate (+2%), at the expense of the Swiss bond portion (-2%) and foreign currency portion (-2%), bringing them closer to the average of Swiss pension funds;
– the separation of the portion relating to loans to public law entities and Swiss mortgages (+2%) into a separate class to better highlight the portion invested in Swiss bonds (-2%).
The restructuring will also be used as an opportunity to further increase the portion managed sustainably, increasing the portion managed according to the proprietary UBS “Climate Aware” methodology by approximately CHF 652 million. This methodology is considered by industry organizations taken as a reference by IPCT to be compatible with ESG objectives, and the planned change has allowed IPCT to achieve the second best rating assigned by Klima Allianz for securities investments.
Source