Swiss Government Pension Fund Allocating 2% Of Pension Fund To Gold Bars. The Swiss government pension fund, Switzerland’s AHV/AVS fund, has decided to diversify into physical gold bars in their substantial CHF35.2bn (€30.5bn) pension portfolio. At the end of last week the first pillar buffer fund tendered a custodianship and storage for CHF 700m (EUR 600m / USD 700m / GBP 525m) in gold bars via IPE Quest.

Family Offices and HNWs Are Investing In Gold Again. Rising interest by family offices and high-net-worth (HNW) into gold bullion investments. Gold ETF assets have reached almost $100 billion due to HNWs and pension funds’ increased demand. Volatility in equities, concerns over trade wars, Trump’s Presidency and other economic worries are spurring demand for gold coins and bars. Prudent money ‘trickle’ back into gold as investors are reminded of gold’s insurance qualities.