News in brief: 28 February

- The Pension Fund of Credit Suisse Group (Switzerland) has published its results for January 2025.

Its investment performance was 0.81 per cent for the first month of the year, better than the -0.78 per cent return for December 2024. Last month, the pension fund published its full-year results for 2024, which showed it achieved an investment return of 6.39 per cent for 2024.

- The British-based campaign group Make My Money Matter has announced it will close its doors following recent funding pressures.

The group originally launched in 2020 to shift the £3trn held by UK pension points into sustainable investments, with its first report revealing how pensions rank in climate change for the first time. It has since shared various research highlighting the climate impact of pension schemes' investments, including a recent update on its first report, which found "pockets" of progress amongst pension providers.

- Sweden’s Krykans Pension (Church of Sweden pension fund) has announced it made a return of 5.9 per cent on its investments in 2024.

This is less than the 7.6 percent return made in 2023. However, the fund said its solvency ratio at the end of 2024 was 264 percent, up from 251 percent the previous year. In addition, its total assets stood at SEK 26.9 bn at the end of 2024, up from SEK 25.8bn at the end of 2023.



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