Francesca Pitsch

Head of the Swiss Pension Funds Study

(Image: David Ramseier)

Francesca Pitsch took over the management of the Swiss Pension Fund Study at Zürcher Kantonalbank in November 2022. The Swiss Pension Fund Study has been providing valuable insights into the second pillar for more than twenty years, monitoring the returns achieved by Swiss pension funds. It fulfils an important social task by presenting the current condition of Swiss pension funds.

Before joining Zürcher Kantonalbank, Francesca Pitsch worked at the Swiss National Bank in the area of financial market analysis and in quantitative risk management at the accounting firm EY in Zurich.

Francesca Pitsch holds a Master of Arts degree in Quantitative Economics & Finance from the University of St. Gallen.

She is also a member of the Pensions & Savings Committee of the Asset Management Association Switzerland, which has set itself the goal of making a fact-based contribution to the topic of pensions.

Francesca Pitsch regularly presents the latest findings and analyses from the world of occupational pensions on our blog and in social media.

Blog posts

Top performance has its price

Where the costs of asset management are actually incurred by pension funds - and why the effort is still worthwhile for the insured.

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"Higher costs of active management have paid off for policyholders"

Following significant losses in 2022, Swiss pension funds have been performing better again so far this year. Francesca Pitsch and Iwan Deplazes explain why the current economic situation does not permit a hasty interest rate adjustment and how the choice of asset allocation influences costs.

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Inflation vs. interest – Interim status gives rise to confidence

For the first time in 20 years, inflation exceeded the interest on pension funds in 2022 and caused a real interest loss for the insured.

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