In a recent financial interview I heard a US economist saying that “the Swiss central bank owns 15% of the SMI”. This comment was stuck in my head now for some days… Really can it be or was this fake news? Of course they are heavily invested in AAA companies outside of CH but do they buy also into Swiss comapanies?
Tried to find out myself, looked through the SNB Quarterly Bulletin and Yearly Report and searched via internet if there is any knowledge or truth to that. Looked into the share structure of the big SMI companies Nestle, Novartis and Roche and did not found anything.
Any thoughts on this? (sorry, was not able to find the interview anymore)
Investment figures from FuW newspaper about the SNB investments in 2019: