Multi-asset portfolio

Multi-asset portfolio

The Management Office administrates a highly liquid portfolio implemented through a combination of cash and derivatives to replicate the structure of the liquid portion of the strategic allocation.

This mandate is designed to absorb relatively large flows over a short period of time or to hold them in the medium term. It is broadly diversified and useful for both cash flow and overall risk management. In 2025, the mandate generated a return of 7.1%.

At the end of 2025, the total value of this “Multi asset portfolio” amounted to CHF 1 305 million, which corresponded to a share of 2.8% of the market portfolio.