Outlook for the reporting year 2026

The markets expect inflation to stabilize alongside mod­er­ate economic growth. Further policy rate cuts would be rather surprising in Switzer­land or Europe, while there is a certain likelihood of this happening in the US. The economic outlook remains mixed: while corporate fun­da­men­tals are generally robust, the labour market shows signs of softening, and regional disparities persist. Geopolitical uncertainties in several unresolved conflict zones continue to pose risks to the financial markets.

The strategic initiatives introduced in recent years will continue into the reporting year 2026. As part of an ongoing review, comPlan will assess whether the direction es­tab­lished in the latest asset–liability study remains ap­pro­pri­ate. Sus­tain­abil­ity efforts across various asset categories will be expanded in a targeted manner, consistent with the existing strategy. To achieve attractive long­term returns, the fund will continue to accept a reasonable level of investment risk. With its robust and broadly diversified investment strategy and prudent risk management, comPlan remains well positioned to cushion potential market corrections effectively.