Asset Owner Directory

Swiss Federal Pension Fund PUBLICA

The Swiss Federal Pension Fund PUBLICA is an independent pension institution established under public law. It is organised as a collective institution currently comprising 19 pension plans. PUBLICA advises some 66,000 active members and around 42,000 pension recipients from the Federal Administration, the ETH Domain and other decentralised administrative units as well as around 70 other organisations that are closely associated with the Confederation or fulfil a public task on behalf of the Confederation, a canton or a commune. By total assets, it is one of the largest pension funds in Switzerland. Its highest management and strategic body is the PUBLICA Board of Directors.

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Country

Switzerland

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

$68

Performance (%, 1YR)

-9.6

Chief Executive

Doris Bianchi

Chief Investment Officer

Stefan Beiner

Chair

Kaspar Müller

Asset allocation
Asset allocation for open pension plans

3% Money Market

7% Swiss Govt. Bonds

5% Non-govt. Bonds CHF

8% Govt. Bonds Developed Markets ex. CHF

3% Inflation-linked Govt Bonds

5% Public Corporate Bonds ex. CHF

3% Private Corporate Debt

3% Private Infrastructure Debt

3% Private Real Estate Debt

2% Govt. Bonds Emerging Markets Hard Currencies

2% Govt. Bonds Emerging Markets Local Currencies

6% Equities Switzerland

20% Equities Developed Markets ex CHF

6% Equities Emerging Markets

3% Precious Metals

9% Real Estate Switzerland

9% Real Estate Investments International

3% Infrastructure Equity

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How Swiss PUBLICA integrates climate risk

PUBLICA, one of the largest pension funds in Switzerland, has built a bespoke equity benchmark to reduce climate risk. It's not the consequence of any target to reduce emissions in the portfolio or wider ESG legislation. Senior portfolio manager Frederik von Ameln explains the process behind the strategy.