VEF Pension Scheme, Zurich, will hire managers to run two new Swiss equity mandates, said Reto Kuhn, managing director. The 3.8 billion Swiss franc ($2.1 billion) plan for Swissair flight personnel will have a 200 million Swiss franc equity mandate benchmarked to the Swiss Performance index of 250 stocks, and a 100 million Swiss franc domestic small-cap equity portfolio.
The appointments will be announced next month after a board meeting. Mr. Kuhn would not name the managers on the shortlist.
