Established in 1967 as a non-profit organization by 12 pension schemes for pension schemes, IST is Switzerland’s first independent investment foundation. Our primary objective is the management of well diversified high-quality collective investments. The IST Investment Foundation manages approximately CHF 9.4 billion in pension assets for around 500 private and public sector pension schemes throughout Switzerland. Only tax-exempt pillar 2 and pillar 3a pension schemes and employer-sponsored welfare funds (in accordance with the BVG/LPP) based in Switzerland are permitted to invest in the IST investment groups. The IST investment groups are managed by over 20 external managers in Switzerland and abroad. Our well-established internal analysis process allows us to select the best and most cost-efficient asset manager for each asset class. The investment controlling process continually monitors each manager’s performance.