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Personalvorsorgekasse der Stadt Bern

2'317 million, -1.39%, 90.95%

Laupenstrasse 10
3008 Bern
+41 31 321 6699

Facts and Figures

Description Pension Fund of the City of Bern
Category Public Pension Fund
Foundation 1910
Membership 5’751 active, 4’016 retired
Assets 2'317 million
Performance -1.39%
Funded Ratio 90.95%

Senior Contacts

Director Jürg Schad juerg.schad@bern.ch
Head Asset Management Fabio Strinati fabio.strinati@bern.ch

Assets Breakdown (31.12.2018)

Assets Allocation Returns
Liquidity  2.80%   -0.36%
Bonds CHF  9.00%    0.37%
Bonds non-CHF Total 10.90%   -2.35%
 Convertible Bonds   0.60%  
 Insurance-Linked Bonds   2.20%  
 Senior Secured Loans   1.50%  
 Others   0.30%  
Mortgages  8.70%    1.75%
Equity Domestic 14.80%   -9.43%
Equity Foreign Total 15.30%   -5.83%
 of which Private Equity   2.60%  
Real Estate Domestic 34.20%    4.33%
Real Estate Foreign  4.40%   -3.22%
  100%  -1.39%

Assets Breakdown (31.12.2017)

Assets Allocation Returns
Liquidity  4.30%  
Bonds CHF  9.00%  
Bonds non-CHF Total 11.10%  
 Convertible Bonds  0.60%  
 Insurance-Linked Bonds  2.30%  
 Senior Secured Loans  1.50%  
Mortgages  8.70%  
Equity Domestic 15.60%  
Equity Foreign Total 16.50%  
 of which Private Equity  4.58%  
Real Estate Domestic 30.70%  
Real Estate Foreign  4.10%  
  100%    8.71%

Assets Breakdown (31.12.2016)

Assets Allocation Returns
Liquidity  1.80%   -0.05%
Bonds CHF  9.80%    0.97%
Bonds non-CHF Total 11.60%    4.10%
 Convertible Bonds  0.60%  
 Insurance-Linked Bonds  2.20%  
 Senior Secured Loans  1.60%  
Mortgages  8.70%    1.68%
Equity Domestic 14.70%    0.10%
Equity Foreign Total 17.20%    9.68%
 of which Private Equity  2.60%  
Real Estate Domestic 32.50%    5.65%
Real Estate Foreign  3.80%    5.20%
  100%    4.30%

Assets Breakdown (31.12.2015)

Assets Allocation Returns
Liquidity  3.40%   -0.07%
Bonds CHF  9.70%    1.26%
Bonds non-CHF Total 11.40%   -0.50%
 Convertible Bonds  0.60%  
 Insurance-Linked Bonds  2.20%  
 Senior Secured Loans  1.46%  
Mortgages  8.50%    1.90%
Equity Domestic 15.00%    4.11%
Equity Foreign Total 16.20%   -4.48%
 of which Private Equity  2.60%  
Real Estate Domestic 32.30%    6.61%
Real Estate Foreign  3.50%    2.85%
 of which Private Equity  0.10%  
  100%    2.21%

Assets Breakdown (31.12.2014)

Assets Allocation Returns
Liquidity  2.70%  0.06%
Bonds CHF  9.70% -0.11%
Bonds non-CHF Total 11.60% -0.39%
 Convertible Bonds  0.60%  
 Insurance-Linked Bonds  1.70%  
 Senior Secured Loans  1.10%  
Mortgages  9.60%  2.10%
Equity Domestic 15.70% 24.04%
Equity Foreign Total 17.80% 17.10%
 of which Private Equity  2.50%  
Real Estate Domestic 31.30%  5.16%
Real Estate Foreign  3.00%  1.23%
 of which Private Equity  0.10%  
  100% 8.56%

Assets Breakdown (31.12.2009)

Assets Allocation Returns
Liquidity 1.50% 0.35%
Bonds Domestic CHF 6.40%  
Bonds Foreign CHF 7.70%  
Bonds non-CHF 7.30% 5.17%
Mortgages 13.80% 2.69%
Equity Domestic* 12.80% 21.66%
Equity Foreign** 15.10% 14.03%
Real Estate Domestic 31.80% 2.90%
Real Estate Foreign 2.00% -8.59%
Others 1.60%  
  100% 7.08%

*Includes 0.9% Private Equity

**Includes 4.5% Private Equity

Assets Breakdown (31.12.2008)

Assets Allocation Returns
Liquidity 1.20% 1.07%
Bonds Domestic CHF 14.00% 2.84%
Bonds Foreign CHF 8.10% -3.62%
Mortgages 15.80% 4.11%
Equity Domestic* 10.10% -37.30%
Equity Foreign** 12.90% -40.57%
Real Estate Domestic 34.00% 5.33%
Real Estate Foreign 2.30% -21.32%
Others 1.60%  
  100% -10.00%

*Includes 0.9% Private Equity

**Includes 4.5% Private Equity

Investment Managers

Bonds & Liquidity Syz Asset Management; Berner kantonalbank; Credit Suisse; IST für Personalvorsorge; Swsscanto/ZKB
Equity UBS; Credit Suisse; Vontobel AM
CAT Bonds / Insurance  Linked Securities, Senior Secured Loans, Private Equity LGT ILS Partners LTD; Invesco Asset Management Schweiz AG; Partners Group; HarbourVest; IST / Advec
Global Custodians  UBS; Credit Suisse; Berner Kantonalbank