Credit Suisse reduced the equity exposure in its Pensionskasse by 10 percentage points in September and October, but officials have indicated they may hike the fund’s equity holding again soon. The equity quota of the CHF11bn (€7.3bn) Swiss banking group pension fund had been reduced in the crisis to 10.9% by the end of 2008, but had rebounded to 27% by the beginning of September 2009.

aaa  IPE