Asset Owner Directory

CPEV – Caisse de Pension L’Etat de Vaud (Pension Fund of the State of Vaud)

The CPEV insures employees of the State of Vaud for occupational pension provision. Exceptionally and if the conditions are met, certain “non-State” employers may be affiliated with the CPEV. It provides retirement benefits for insured persons and covers them against risks related to death and disability. The management of the Fund is entrusted to Retraites Populaires

Country

Switzerland

AUM ($B, AS AT DATE OF ASSET ALLOCATION)

$20

Performance (%, 1YR)

6.70

Chief Executive

Alexandre Bernel

Chair

Yves Froidevaux

Asset allocation

2.3% Cash & Equivalents

9% CHF Bonds

4.1% Govt Bonds

3% Corporate Bonds

1.5% High Yield Bonds

3.9% Emerging Markets Bonds

12.2% Swiss Equities

14% Developed Markets Equities

4.4% Emerging Markets Equities

4.7% Real Estate Securities

24.7% Direct & Indirect Swiss Real Estate

5.7% Private Placements

2% Obligations Convertibles

2.8% Foreign Indirect Real Estate

3.1% Physical Durable

3.5% Infrastructure

-1% Currency Hedging

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