Swiss pension GastroSocial allocates 2% to ILS as it revises portfolio strategy
The Swiss GastroSocial pension fund has invested 2% of its roughly CHF 11 billion of assets under management into insurance-linked securities (ILS), as it adopted a new investment strategy in 2025 with a more significant focus on private assets.GastroSocial is an organisation that manages both a compensation fund and a pension fund for the hotel and catering industry in Switzerland.
The pension fund manager has revised its investment strategy and implemented that in 2025, resulting in an above-average market share of private investments in its portfolio, one of which is insurance-linked securities (ILS). We believe the ILS allocation has been made this year, as it had not been reported in the portfolio disclosure of previous…