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Pension Funds Switzerland 2019

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Pension Funds - Pension Funds Switzerland - Public Pension Funds

Pensionskasse des Bundes PUBLICA

Pension Fund Name

Pensionskasse des Bundes PUBLICA

Address Contact

Eigerstrasse 57 Tel +41 31 378 8181

3000 Bern 23
www.publica.ch

Facts and Figures

Description Pension Fund of the federal state employees of Switzerland

Category Public Pension Fund

Foundation 1921

Membership 63’833 active, 42’668 retired

Assets 38'005 million

Performance -3.26%

Funded Ratio 101.20%

Senior Contacts

Director
Dieter Stohler

Head Asset Management Dr. Stefan Beiner

Portfolio Management Patrick Uelfeti

Assets Breakdown (31.12.2018)

Open Pension Plans

Assets
Allocation
Returns

Money Market 2.80% -0.47%

Swiss government bonds 6.20%    0.33%

Non-government bonds CHF 11.50%    0.10%

Government bonds developed markets ex-CH 12.30%    0.36%

Public corporate bonds ex-CHF 13.20%   -2.48%

Inflation-linked government bonds 6.30%   -3.40%

Government bonds emerging market 7.30%

Private corporate debt   2.10%   -3.47%

Private infrastructure debt 1.40%    1.25%

Mortgages CH 0.30%    1.63%

Equity Domestic 3.10% -6.33%

Equity developed markets ex-CH 15.70% -9.55%

Equity Emerging Markets   8.60% -12.72%

Precious metals 2.30% -1.68%

Real Estate Direct Domestic 5.70%    6.68%

Real Estate International 1.30%    4.03%

100%



-3.55%

Assets Breakdown

Closed Pension Plans

Assets
Allocation
Returns

Money Market    1.10% -0.47%

Swiss government bonds 25.10%    0.33%

Non-government bonds CHF 10.10%    0.10%

Government bonds developed markets ex CH    5.50%    0.36%

Inflation-linked government bonds    5.20%   -3.40%

Public corporate bonds ex-CHF 12.60%   -2.48%

Government bonds emerging market    5.10%

Equity Domestic    3.10% -6.33%

Equity developed markets ex-CH    6.70% -9.55%

Precious metals    3.40%   -1.68%

Real Estate Direct Domestic 21.60%    6.68%

100%



-0.24%

Assets Breakdown (31.12.2017)

Open Pension Plans

Assets
Allocation
Returns

Money Market 1.30% -0.63%

Swiss government bonds 5.70% -0.35%

Non-government bonds CHF 11.20%    0.08%

Government bonds industrialised markets ex-CH 13.10%   -0.59%

Public corporate bonds ex-CHF 14.30%    1.53%

Inflation-linked government bonds 6.20%    0.61%

Government bonds emerging market 7.20%

Private corporate bonds   1.40%    3.20%

Private infrastructure bonds 1.00%    2.43%

Mortgages CH 0.40%    1.63%

Equity Domestic 3.10% 17.81%

Equity industrialised markets ex-CH 18.10% 16.68%

Equity Emerging Markets   9.60% 29.35%

Precious metals 2.10%    8.51%

Real Estate Direct Domestic 5.10%    4.53%

Real Estate International 0.20%    0.01%

100%



7.14%

Assets Breakdown

Closed Pension Plans

Assets
Allocation
Returns

Money Market    2.40% -0.63%

Swiss government bonds 25.20% -0.35%

Non-government bonds CHF    9.30%    0.08%

Government bonds industrialised markets ex CH    4.80%   -0.59%

Inflation-linked government bonds    5.20%    0.61%

Public corporate bonds ex-CHF 13.40%    1.53%

Government bonds emerging market    5.40%

Equity Domestic   3.10% 17.81%

Equity industrialised markets ex-CH    7.50% 16.68%

Precious metals    3.20%    8.51%

Real Estate Direct Domestic 20.50%    4.53%

100%



3.31%

Assets Breakdown (31.12.2016)

Open Pension Plans

Assets
Allocation
Returns

Money Market 1.60% -0.41%

Swiss government bonds 5.70%    2.00%

Non-government bonds CHF 11.00%    1.15%

Government bonds industrialised markets ex-CH 14.30%    1.71%

Public corporate bonds ex-CHF 14.20%    3.41%

Inflation-linked government bonds 6.20%    2.91%

Government bonds emerging market 7.40%

Private corporate bonds   0.60%    8.01%

Private infrastructure bonds 0.70%    8.26%

Mortgages CH 0.40%    1.57%

Equity Domestic 3.10% -3.38%

Equity industrialised markets ex-CH 18.10% 8.19%

Equity Emerging Markets   9.60% 12.92%

Precious metals 1.90%    9.04%

Real Estate Direct Domestic 5.20%    9.81%

100%



5.16%

Assets Breakdown

Closed Pension Plans

Assets
Allocation
Returns

Money Market    3.10% -0.41%

Swiss government bonds 24.70%    2.00%

Non-government bonds CHF    9.30%    1.15%

Government bonds industrialised markets ex CH    4.80%    1.71%

Inflation-linked government bonds    5.20%    2.95%

Public corporate bonds ex-CHF 13.40%    3.41%

Government bonds emerging market    5.30%

Equity Domestic   3.10%   -3.38%

Equity industrialised markets ex-CH    7.40%    8.19%

Precious metals    2.80%    9.04%

Real Estate Direct Domestic 20.90%    9.81%

100%



4.33%

Assets Breakdown (31.12.2015)

Open Pension Plans

Assets
Allocation
Returns

Money Market    1.40% -0.19%

Swiss government bonds    6.00%    2.93%

Non-government bonds CHF 11.70%    1.63%

Government bonds industrialised markets ex CH 15.50% -0.35%

Public corporate bonds ex-CHF 16.30% -1.03%

Inflation-linked government bonds    4.30% -2.24%

Government bonds emerging market    5.00% -14.71%

Mortgages CH    0.50%    1.71%

Equity Domestic 3.30%    1.28%

Equity industrialised markets ex-CH 18.20%    0.78%

Equity Emerging Markets    9.00% -14.55%

Commodities    1.70% -36.61%

Precious metals    1.90% -7.82%

Real Estate Direct Domestic    5.20%    6.38%

100%

-2.45%

Assets Breakdown

Closed Pension Plans

Assets
Allocation
Returns

Money Market    1.10% -0.19%

Swiss government bonds 31.10%    2.93%

Non-government bonds CHF    9.80%    1.63%

Government bonds industrialised markets ex CH    4.90% -0.35%

Inflation-linked government bonds    5.40% -2.24%

Public corporate bonds ex-CHF 13.40%   -2.24%

Government bonds emerging market    0.00% -14.71

Equity Domestic   3.30%    1.28%

Equity industrialised markets ex-CH    7.30%    0.78%

Precious metals    3.00% -7.82%

Real Estate Direct Domestic 20.70%    6.38%

100%

    2.16%

Assets Breakdown (31.12.2010)

Assets
Allocation
Returns

Bonds CHF, Liquidity, Mortgages and Others
45.78%

Bonds non-CHF 17.30%

Equity Domestic 5.89%

Equity Foreign 19.23%

Real Estate 6.57%

Alternatives Investments 5.24%

100%

5.16%

Assets Breakdown (31.12.2009)

Assets
Allocation
Returns

Bonds CHF, Liquidity

and Mortgages
50.52%

Bonds non-CHF 17.38%

Equity Domestic 8.89%

Equity Foreign 16.08%

Real Estate 6.36%

Alternatives 0.77%

100% 10.13%

Assets Breakdown (31.12.2008)

Assets
Allocation
Returns

Bonds CHF, Liquidity,

Mortgages and Others
67.51%

Bonds non-CHF 6.78%

Equity Domestic 6.89%

Equity Foreign 12.68%

Real Estate 6.14%

100% -6.86%

Investment Managers

Bonds
Swiss Federal Pension Fund Publica; Investec AM; Union Investment; Standard Life Investments; PIMCO Europe; BlackRock; MetLife IM; Pictet et Cie; Pramerica IM; Russell Implementation Services; Ashmore IM; Hastings Funds Management; UBS; Pricoa Capital Group; Hastings Fund Management

Equity Domestic
Credit Suisse; Pictet AM

Equity Foreign BlackRock Advisors (UK) Ltd.; Credit Suisse Funds AG; Pictet AM; Vanguard AM; Russell Implementation Services

Commodities

Goldman Sachs; JP Morgan Chase Bank