Zürich Pension Fund Manager Hit With Corruption Charges

Jun 10 2010 | 10:31am ET

The head of asset management at Swiss pension fund manager BVK has been arrested on allegations of misconduct and corruption.

The individual arrested was not identified, but Swiss prosecutors say it is the head of asset management at the firm, which runs the assets of Zürich’s civil servants’ pension fund.

It is unclear when the alleged misconduct occurred; Zürich’s financial department would say only that it deals with matters dating back several years, Investment & Pensions Europe reports. BVK said that none of its employees have been suspended.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...