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Juergen Braunstein: Can Swiss Afford a State Fund?

Flickr/Curtis Perry

Analysis & Opinions - finews

Juergen Braunstein: Can Swiss Afford a State Fund?

| Aug. 23, 2019

The idea of a Swiss sovereign wealth fund (SWF) which could use a part of the country’s massive reserves for investments arose after Switzerland had established in 2011 its currency link to the Euro. Since then various sovereign wealth options have been discussed, from a SWF with a savings mandate to a fund with a strategic investment mandate, a private equity-type fund that invests in technology start-ups and protects against hostile foreign takeovers of strategic companies.