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Disclaimer

Pension Funds Switzerland 2017

is made possible thanks to the following sponsors:

 

 

 

 

 

 

 

 

Sammelstiftung Vita

Vita Joint Foundation

 

 

 

 

 

 

   Pension Funds - Pension Funds Switzerland - Public Pension Funds

Pensionskasse Stadt Zürich (PKZH)

 

Pension Fund Name

 

Pensionskasse Stadt Zürich (PKZH)

 

 

Address Contact
Morgartenstrasse 30 Tel +41 44 412 5555
8036 Zürich

www.pkzh.ch

 

 

Facts and Figures

Description Pension Fund of the city of Zürich
Category Public Pension Fund
Foundation 1913
Membership 33’074 active, 18’116 retired
Assets 16'023 million
Performance 4.50%
Funded Ratio 111.30%

 

 

Senior Contacts

Function Contact Name Phone & Email
Director Dr. Ernst Welti

 

+41 44 412 5242

ernst.welti@pkzh.ch

 

Head Asset Management

 

 

Dr. Jürg Tobler

 

 

+41 44 412 5228

juerg.tobler@pkzh.ch

 

 

Assets Breakdown (31.12.2016)

Assets

Allocation

 Returns

Liquidity

   3.00%

Bonds CHF

   8.50%    0.70%
Bonds non-CHF    5.60%    1.10%
Bonds non-CHF inflation-linked    4.10%    3.00%
Bonds Corporate ex-CHF    4.20%  
Anlagen beim Arbeitgeber    3.10%  
Mortgages    1.10%  
Equity Domestic   6.70%   -1.40%
Equity Foreign  32.80%    8.10%
Real Estate Domestic    8.70%    6.40%
Real Estate Foreign    4.80%    4.70%
Private Equity    6.40%    6.10%
Commodities    1.30%   24.80%
Hedge Funds    9.70%   -0.80%

100%

 4.50%

 

 

Assets Breakdown (31.12.2015)

Assets

Allocation

 Returns

Liquidity

   2.60%

Bonds CHF

   9.50%
Bonds non-CHF    9.40%   -1.10%
Bonds non-CHF inflation-linked    4.00%   -1.00%
Anlagen beim Arbeitgeber    4.10%  
Mortgages    1.20%  
Equity Domestic   6.10%    2.70%
Equity Foreign   32.00%   -0.20%
Real Estate Domestic    8.50%    6.70%
Real Estate Foreign    4.50%    7.10%
Private Equity    6.50%    9.40%
Commodities    1.90% -32.20%
Hedge Funds    9.80%   -0.30%

100%

 -0.10%

 

 

Assets Breakdown (31.12.2014)

Assets

Allocation

 Returns

Liquidity, Annuities & Mortgages

 8.20%

Bonds CHF

11.50%
Bonds non-CHF 10.20%  8.80%
Bonds non-CHF inflation-linked  4.30%  3.70%
Equity Domestic  5.50% 12.10%
Equity Foreign 31.00%  9.50%
Real Estate Domestic  7.90%  7.20%
Real Estate Foreign  4.70% 18.30%
Private Equity  5.90% 18.70%
Commodities  1.80% -32.50%
Hedge Funds  9.00%   6.70%

100%

 7.10%

 

 

Assets Breakdown (31.12.2013)

Assets

Allocation

Returns

Liquidity, Money Market and Mortgages

12.40%

Bonds CHF

11.90%
Bonds non-CHF 12.60% -1.40%
Bonds non-CHF inflation-linked 4.20% -6.90%
Equity Domestic 5.20% 24.90%
Equity Foreign 26.10% 23.80%
Real Estate Domestic  8.60%  4.70%
Real Estate Foreign  3.70%  8.00%
Private Equity  5.10%  9.40%
Commodities  2.50%  0.70%
Hedge Funds  7.80% 11.00%

100%

6.50%

 

 

 

Assets Breakdown (31.12.2010)

Assets

Allocation

Returns

Liquidity, Annuities

and Mortgages

8.30% 3.10%

Bonds and

Money Market CHF

13.80% 3.60%
Bonds non-CHF 9.60% 3.20%
Bonds non-CHF inflation-linked 7.00% 4.80%
Equity Domestic 5.60% 1.90%
Equity Foreign 31.50% 9.80%
Real Estate Total 9.80%
Real Estate Domestic 7.90% 7.80%
Real Estate Foreign 1.90% 12.70%
Private Equity 4.60% 14.20%
Commodities 2.40% 8.60%
Hedge Funds 6.70% 6.30%
Liquidity Overlay 0.70%

100%

4.60%

 

 

Assets Breakdown (31.12.2009)

Assets

Allocation

Returns

Liquidity, Annuities

and Mortgages

9.10% 3.20%

Bonds and

Money Market CHF

16.60% 4.60%
Bonds non-CHF 12.90% 4.70%
Bonds CHF inflation-linked 6.10% 7.80%
Equity Domestic 5.10% 23.20%
Equity Foreign 27.50% 34.10%
Real Estate Total 9.20%
Real Estate Domestic 7.40% 8.50%
Real Estate Foreign 1.80% 1.10%
Private Equity 4.70% -17.80%
Commodities 2.50% 9.20%
Hedge Funds 6.40% 9.00%
Currency Hedge -0.10%

100% 10.70%

 

 

Assets Breakdown (31.12.2008)

Assets

Allocation

Returns

Liquidity, Annuities

and Mortgages

10.50% 3.60%

Bonds and

Money Market CHF

23.60% 6.00%
Bonds non-CHF 23.60%
Equity Domestic 3.70% -33.50%
Equity Foreign 15.90% -43.50%
Real Estate 9.10%
Private Equity 4.60% -6.70%
Commodity 0.00% -2.70%
Hedge Funds 5.70% -15.00%
Currency Hedge 3.30% 5.70%

100% -18.30%

 

 

Investment Advisors

Liquidity


PostFinance AG, Bern; Syz Asset Managment, Zurich; Pictet AM, Geneva; ZKB, Zurich

Bonds CHF

Credit Suisse AG, Zurich

Bonds non-CHF PIMCO Europe Ltd., London
Equity Domestic ZKB, Zurich

Equity Foreign

Baillie Gifford Overseas Ltd., Edinburgh; Credit Suisse AG, Zurich; UBS AG, Zurich;

Pictet AM; ZKB, Zurich

Private Equity

Adams Street Partners, LLC, Chicago, USA; Anlagestiftung Testina, Zurich; Avadis Anlagestiftung, Zurich; Mercer Private Markets AG, Zurich; Portfolio Advisors, LLC, Darien, USA.

Fund-of-Hedge-Funds

Vontobel AM, Zurich

 

Commodities

 

 Credit Suisse International, London, England

 

Global Custody

 

 Banque Pictet & Cie SA, Geneva

 

 

 

Zurich

27.12.2011


 

 

Public Pension Funds

 

 

Corporate Pension Funds

 

 

Industry-Wide Funds

 

 

Multi-Employer Funds

 

 

 

 

 

 

 

Pension Funds Switzerland 2017

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Pension Funds Guide
Switzerland 2015

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