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Jun 30, 2001

Neutral no more

A string of corporate debacles and poor governance has stirred Swiss investors into action

Switzerland - famous for its mountains, its watches and its banks. Politically neutral, Swiss investors have long been as inactive as their country's military. That was until the last couple of years. It was the very public fall from grace of the Swissair Group that sounded a wake-up call for Swiss investors. Until then there had been a blind trust on the part of shareholders in a company whose airline was a national symbol and boasted a star-studded boardroom including the head of Credit Suisse,

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