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Disclaimer

Pension Funds Switzerland 2015

is made possible thanks to the following sponsors:

 

 

 

 

 

 

 

 

 

Sammelstiftung Vita

Vita Joint Foundation

 

 

 

 

 

 

   Pension Funds - Pension Funds Switzerland - Public Pension Funds
BVK Personalvorsorge des Kantons Zürich

 

Pension Fund Name

 

BVK Personalvorsorge des Kantons Zürich

 

Address Contact
Obstgartenstrasse 21 Tel +41 58 470 40 00
8006 Zürich

www.bvk.ch

 

 

Facts and Figures

Description Pension Fund of the Canton of Zurich
Category Public Pension Fund
Membership 81’869 active, 33’207 retired
Assets 28'680 million
Performance -0.75%
Funded Ratio 96.10%

 

 

Senior Contacts

Function Contact Name Phone & Email
Director Thomas Schönbächler

 

+41 43 259 4242

thomas.schoenbaechler@bvk.zh.ch

Head Asset Management

Adrian Wipf

 

+41 43 259 3860

adrian.wipf@bvk.zh.ch

 

Equity and Investment Process

Marcel Metry

 

+41 43 259 3859

marcel.metry@bvk.zh.ch

 

 

 

Assets Breakdown (31.12.2015)

Assets

Allocation

 Returns
Liquidity   4.50%   -0.03%
Bonds CHF 17.30%    2.16%
Bonds non-CHF 15.90%   -2.82%
Bonds Emerging Markets   2.80%    -4.67% 
Mortgages   2.80%    2.14%
Equity Domestic  8.50%    2.85%
Equity World Developed Markets 16.80%   -0.61%
Equity Emerging Markets   5.90%   -14.46%
Real Estate Domestic 16.60%    6.51%
Real Estate Foreign   2.20%    3.06%
Commodities   4.00% -26.02%
Private Equity   2.00%  13.78%

100%   -0.75%

 

 

Assets Breakdown (31.12.2014)

Assets

Allocation

 Returns
Liquidity  5.90% -0.04%
Bonds CHF 14.50% -1.58%
Bonds non-CHF 16.50%  1.41%
Bonds Emerging Markets  3.00%  -0.43% 
Mortgages  2.12%  1.90%
Equity Domestic  9.50% 24.66%
Equity Foreign 16.50% 24.37%
Equity Emerging Markets  5.80%  0.70 %
Real Estate Domestic 16.40%  6.30%
Real Estate Foreign  2.20%  3.48%
Commodities  4.10% -6.51%
Private Equity  1.90%  9.17%

100%  6.12%

 

 

Assets Breakdown (31.12.2013)

Assets

Allocation

Returns
Liquidity 10.00% -0.04%
Bonds CHF 12.70% -1.58%
Bonds non-CHF 16.40%  1.41%
Bonds Emerging Markets  1.10%  -0.43% 
Mortgages  3.30%  1.90%
Equity Domestic 9.10% 24.66%
Equity Foreign 15.80% 24.37%
Equity Emerging Markets  5.70%  0.70 %
Real Estate Domestic 17.00%  6.30%
Real Estate Foreign  2.00%  3.48%
Commodities  4.90% -6.51%
Private Equity  2.00%  9.17%

100%  7.40%

 

 

Assets Breakdown (31.12.2010)

Assets

Allocation

Returns
Liquidity 13.70% -1.10%
Bonds CHF 11.50% 3.40%
Bonds non-CHF 8.40% -5.60%
Mortgages 5.10% 2.10%
Convertible Bonds 4.20% 2.20%
Equity Domestic 12.70% 3.50%
Equity Foreign 17.00% 2.70%
Real Estate Total

21.40%

5.10%
Real Estate Domestic 18.60%
Real Estate Foreign 2.80% 1.40%
Alternative Investments 6.00% 5.00%
Hedge Funds 0.30% -8.60%
Commodities 3.80% 13.60%
Private Equity 1.90% -1.60%

100% 2.20%

 

 

Assets Breakdown (31.12.2009)

Assets

Allocation

Returns
Liquidity 14.80% -0.40%
Bonds CHF 10.70% 5.90%
Bonds non-CHF 9.20% 5.90%
Mortgages 5.40% 2.10%
Convertible Bonds 3.70% 27.80%
Equity Domestic 12.70% 24.30%
Equity Foreign 15.30% 35.10%
Real Estate Total

20.90%

6.90%
Real Estate Domestic 18.40% 3.60%
Real Estate Foreign 2.50%
Alternative Investments 7.30 2.50%
Hedge Funds 2.40% 0.10%
Commodities 3.20% 15.00%
Private Equity 1.60% -16.00%

100% 11.20%

 

 

Assets Breakdown (31.12.2008)

Assets

Allocation

Returns
Liquidity 15.80% 2.50%
Bonds CHF 10.20% 5.20%
Bonds non-CHF 9.90%
Mortgages 5.90% 3.00%
Convertible Bonds 5.00% -24.10%
Equity Domestic 11.00% -34.50%
Equity Foreign 12.20% -46.50%
Real Estate Total 22.00%
Real Estate Domestic 20.00% 3.60%
Real Estate Foreign 2.00%
Alternative Investments 8.00% -31.30%
Hedge Funds 3.10%
Commodities 3.30%
Private Equity 1.60%

100% -15.60%

 

 

Investment Managers

 

 

 

 

Bonds

 

BVK; Zürcher KB; Rogge Global Partners; Western Asset Management; BlackRock IM; JPMorgan AM

Bonds Emerging Markets

 Lazard AM; Pramerica IM

Equity Domestic  Pictet AM; Schroders; UBS AM
Equity Foreign

 

BlackRock IM; State Street; Barrow, Hanley, Mewhinney & Strauss; Dimensional; Pictet AM; UBS AM

 

Commodities

 

UBS; Pictet Fondsleitung

Private Equity

LGT Capital Partners

 

Global Custodian

JP Morgan (Suisse) SA

 

 

Zurich

27.12.2011


 

 

Public Pension Funds

 

 

Corporate Pension Funds

 

 

Industry-Wide Funds

 

 

Multi-Employer Funds

 

 

 

 

 

 

 

Pension Funds Switzerland 2016

 For institutional investors only

 

 

Pension Funds Guide
Switzerland 2015

 For institutional investors only

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