Swisscanto and BCV conclude cooperation agreement

The cooperation between Swisscanto Invest, the asset management arm of Zürcher Kantonalbank, and BCV was concluded at the beginning of May. The institutions expect this to "bundle their know-how and provide optimum coverage of the Swiss market", they write in a statement.

The coordination between the asset management departments of the two cantonal banks takes place via a joint Investment Committee. Swisscanto Invest is responsible for the selection of listed real estate funds, while BCV is responsible for investments in listed real estate shares and all non-listed securities. Both the pricing and the investment policy of the fund, which invests mainly in Swiss real estate funds and real estate shares, remain unchanged. (ah)