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Bernische Lehrerversicherungskasse (BLVK)

7'368 million, -3.60%, 90.30%

Postfach
Unterdorfstrasse 5
3072 Ostermundigen 2
+41 31 930 8383

Facts and Figures

Description Teachers' pension fund of the Canton of Bern
Category Public Pension Fund
Foundation 1818
Membership 17’442 active, 8’325 retired
Assets 7'368 million
Performance -3.60%
Funded Ratio 90.30%

 Senior Contacts

Director Thomas Keller
Head Asset Management Théodor Tillmann
Deputy Head Asset Management Martin Willi

 Assets Breakdown (31.12.2018)

Assets Allocation Returns
     
Liquidity   2.50%    0.17%
Bonds CHF 18.00%    0.65%
Bonds non-CHF 20.30%

  -0.85%

Convertible Bonds  6.60%   -4.11%
Mortgages  4.20%    0.81%
Equity Domestic  7.90%  -10.45%
Equity Foreign 18.40%   -9.01%
Real Estate Domestic 15.60%    0.51%
Real Estate Foreign  4.50%  -5.62%
Alternative Investments  2.00%    1.27%
     
  100% -3.60%

Assets Breakdown (31.12.2017)

Assets

Allocation

Returns
     
Liquidity   3.30%   -0.16%
Bonds CHF 16.90%    0.80%
Bonds non-CHF 20.20%

   2.94%

Convertible Bonds  6.60%    7.15%
Mortgages  4.20%    0.74%
Equity Domestic  8.50%   21.75%
Equity Foreign 19.60%   19.21%
Real Estate Domestic 14.60%    6.22%
Real Estate Foreign  4.40%  10.01%
Alternative Investments  1.70%  -6.41%
     
 

100%

   7.57%

Assets Breakdown (31.12.2016)

Assets

Allocation

Returns
Liquidity  1.20%   -0.21%
Bonds CHF 17.30%    1.55%
Bonds non-CHF 20.60%

   2.91%

Convertible Bonds  6.60%    0.52%
Mortgages  3.90%    0.79%
Equity Domestic  8.60%    0.29%
Equity Foreign 20.70%    9.73%
Real Estate Domestic 15.20%    6.09%
Real Estate Foreign  4.60%    1.00%
Alternative Investments  1.30%    5.10%
     
 

100%

   3.67%

Assets Breakdown (31.12.2015)

Assets

Allocation

Returns
Liquidity  1.10%   -0.03%
Bonds CHF 18.20%    1.93%
Bonds non-CHF 22.20%

  -2.90%

Convertible Bonds  6.80%    0.81%
Mortgages  3.00%    0.46%
Equity Domestic  8.90%    3.98%
Equity Foreign 19.60%   -1.88%
Real Estate Domestic 14.50%    5.55%
Real Estate Foreign  4.50%    4.86%
Alternative Investments  1.20%    4.35%
     
 

100%

   0.90%

Assets Breakdown (31.12.2014)

Assets

Allocation

Returns
Liquidity  2.20%  0.25%
Bonds CHF 23.90%  5.84%
Bonds non-CHF 17.90%

13.06%

Convertible Bonds  7.40% 10.66%
Mortgages  2.40%  1.73%
Equity Domestic  9.20% 12.79%
Equity Foreign 17.30% 17.06%
Real Estate    
  Real Estate Domestic 14.30%   8.80%
  Real Estate Foreign  4.40% 34.67%
Alternative Investments  1.10% 16.71%
     
 

100%

8.90%

Assets Breakdown (31.12.2013)

Assets

Allocation

Performance
     
Liquidity  8.20%  0.24%
Bonds CHF 20.40% -0.90%
Bonds non-CHF 17.20%

-2.32%

Convertible Bonds  7.10%  9.92%
Mortgages  2.50%  0.90%
Equity Domestic 10.00% 25.10%
Equity Foreign 17.10% 17.59%
Real Estate 16.40%  6.87%
  Real Estate Domestic 13.30%  1.68%
  Real Estate Foreign  3.10%  5.60%
Alternative Investments  1.00% -41.00%
     

 

100%

6.33%

Assets Breakdown (31.12.2010)

Assets

Allocation

Performance
     
Liquidity 5.90% 0.50%
Bonds CHF 25.60% 3.57%
Bonds non-CHF 17.70%

-7.45%

Convertible Bonds 5.70% -5.04%
Mortgages 3.40% 2.07%
Equity Domestic 8.40% 5.61%
Equity Foreign 16.40% 2.92%
Real Estate 15.50% 6.87%
Alternative Investments 1.60% 0.90%
     

 

100%

4.38%

Assets Breakdown (31.12.2009)

Assets

Allocation

Performance
Liquidity 4.30% 3.97%
Bonds CHF 24.00% 8.59%
Bonds non-CHF 19.20%

6.80%

Convertible Bonds 6.80% 26.64%
Mortgages 3.80% 2.23%
Equity Domestic 10.80% 23.59%
Equity Foreign 15.00% 32.79%
Real Estate 15.20% 15.69%
Alternative Investments 0.90% -0.09%
  100% -14.06%

Assets Breakdown (31.12.2008)

Assets

Allocation

Performance
Liquidity 5.50% -1.38%
Bonds CHF 27.00% -1.14%
Bonds non-CHF 20.10%

-6.21%

Convertible Bonds 4.80% -24.86%
Mortgages 5.80% 3.53%
Equity Domestic 8.20% -33.72%
Equity Foreign 11.50% -45.11%
Real Estate Domestic 14.30% -9.64%
Alternative Investments 2.90% -21.79%
     
  100% -14.06%

 Investment Managers

Bonds

BLVK; UBS; Credit Suisse; Swiss Life AM, Canton Debt

Convertible Bonds

Fisch Asset Management; Lombard Odier

Domestic Equity BLVK; Pictet
Foreign Equity

Allianz GI; Aberdeen AM; UBS; ZKB

Real Estate

BLVK; UBS, ZKB

 

Alternative

Investments

BLVK

Investment

Controller

Tower Watson

Investment

Consultant

PensionTools GmbH, Rüti
Global Custody

Credit Suisse Asset Management, Zurich