Managing director of largest Swiss pension fund to step down


first_imgDieter Stohler, managing director of Publica, Switzerland’s largest pension fund according to IPE Top 1000 data, is to step down.The CHF40bn (€36bn) public pension fund this morning announced he had submitted his resignation with effect from the end of September 2020. He had given the extra advance notice to facilitate a seamless transfer of office, it added.Stohler became director of Publica, which is the pension fund for Swiss public servants and selected authorities, at the beginning of 2012. He joined from the pension fund for the city of Basel, which he had led as chief executive since 2000. Before that he headed the supervisory authority for foundations and occupational pensions for the canton of Basel-Landschaft.According to Publica, Stohler had expressed a desire to take up self-employment in order to carry out various roles in occupational pensions in Switzerland. Its board of directors expressed its thanks and appreciation to Stohler, saying that, since assuming his position as managing director, he had “optimised” the fund in various ways and, together with the board of directors, had “set an important course for the future”. Dieter Stohler, managing director of PublicaPublica also drew attention to numerous cuts it had made to the conversion rate and the technical interest rate during Stohler’s tenure at the pension fund, saying these adjustments had been able to be implemented “in a socially acceptable manner”.It also highlighted that administration costs per member had fallen by more than 20% since 2012 and that the pension fund’s information technology systems had been completely rebuilt.Stohler recently spoke to IPE about Publica’s perspective on UK assets against the backdrop of Brexit.Publica is organised as a collective institution and runs money for 20 pension plans, 13 of them open and seven of which are closed.last_img read more

2018 American League capsule previews


first_imgRuns allowed: 4thManager: A.J. HinchRotation: Justin Verlander, Dallas Keuchel, Gerrit Cole, Lance McCullers, Charlie MortonBullpen: Chris Devenski, Collin McHugh, Will Harris, Brad Peacock, Hector Rondon, Tony Sipp, Joe SmithCloser: Ken Giles Lineup: 1B Yuli Gurriel (DL), 2B Jose Altuve, SS Carlos Correa, 3B Alex Bregman, LF Marwin Gonzalez, CF George Springer, RF Josh Reddick, C Brian McCann, DH Evan GattisFun fact: Five Astros drove in 81 to 90 runs in 2017.Fun fact II: Devenski has struck out 100 or more batters and posted a sub 1.00-WHIP in each of his two seasons.Prediction: First. With a top closer, they might win 110 games.ANGELS2017 record: 80-82Rank in runs scored: 11thRuns allowed: 6thManager: Mike SciosciaRotation: Garrett Richards, Matt Shoemaker, Tyler Skaggs, Shohei Ohtani, Andrew Heaney (DL), JC Ramirez, Parker Bridwell (Triple-A), Nick Tropeano (Triple-A)Bullpen: Blake Parker, Jim Johnson, Jose Alvarez, Keynan Middleton, Blake Wood, Noe Ramirez, Luke BardCloser: Cam BedrosianLineup: 1B Albert Pujols, 2B Ian Kinsler, SS Andrelton Simmons, 3B Zack Cozart, LF Justin Upton, CF Mike Trout, RF Kole Calhoun, DH Shohei OhtaniFun fact: In his 19th season, Scioscia has managed his team seven years longer than any other current MLB manager. In the four major sports, only Gregg Popovich of the NBA’s San Antonio Spurs has a longer continuous tenure.Fun fact II: Angels starters averaged 88 pitches, tied for the bottom in the American League.Prediction: Second. Maybe their most solid lineup in a decade.SEATTLE MARINERS2017 record: 78-84Rank in runs scored: 7thRuns allowed: 7thManager: Scott ServaisRotation: James Paxton, Felix Hernandez, Mike Leake, Erasmo Ramirez (DL), Ariel Miranda, Marco Gonzales, Hisashi Iwakuma (DL)Bullpen: Juan Nicasio, Dan Altavilla, Nick Vincent, James Pazos, Chasen Bradford, Marc Rzepczynski, Casey LawrenceCloser: Edwin DiazLineup: 1B Ryon Healy, 2B Robinson Cano, SS Jean Segura, 3B Kyle Seager, LF Ben Gamel, CF Dee Gordon, RF Mitch Haniger, C Mike Zunino, DH Nelson CruzFun fact: Hernandez has started just 41 games the past two seasons.Fun fact II: The Mariners were 12-26 against the Angels and Astros last season.Prediction: Third. Spring injuries to Cano, Cruz and Hernandez won’t help.OAKLAND A’S2017 record: 75-87Rank in runs scored: 9thRuns allowed: 13thManager: Bob MelvinRotation: Kendall Graveman, Sean Manaea, Daniel Mengden, Andrew Triggs, Trevor Cahill, Paul Blackburn (DL)Bullpen: Santiago Casilla, Ryan Dull (DL), Yusmeiro Petit, Emilio Pagan, Chris Hatcher, Daniel Coulombe, Liam HendriksCloser: Blake TreinenLineup: 1B Matt Olson, 2B Jeff Lowrie, SS Marcus Semien, 3B Matt Chapman, LF Matt Joyce, CF Dustin Powell, RF Stephen Piscotty, C Jonathan Lucroy, DH Khris DavisDL: RHP Jharel CottonFun Fact: Olson had 60 RBIs and a 1.003 OPS in 59 games.Fun Fact II: The A’s led the league in errors for the second time in three seasons.Prediction: Fourth. They were only five games out of second last year, and they’re better now.TEXAS RANGERS2017 record: 78-84Rank in runs scored: 5thRuns allowed: 11thManager: Jeff BanisterRotation: Cole Hamels, Martin Perez (DL), Matt Moore, Doug Fister, Mike Minor, Bartolo ColonBullpen: Keone Kela, Jake Diekman, Tony Barnette, Tim Lincecum, Jose Leclerc, Chris Martin, Matt BushCloser: Alex ClaudioLineup: 1B Joey Gallo, 2B Rougned Odor, SS Elvis Andrus, 3B Adrian Beltre, LF Drew Robinson, CF Delino DeShields, RF Nomar Mazara, DH Shin-Soo Choo, C Robinson ChirinosFun fact: Forty of Gallo’s 94 hits were home runs.Fun fact II: Rangers pitchers struck out 1,107 batters, the fewest in the league.Prediction: Fifth. They’re crossing their fingers with that pitching staff.AL CENTRALCLEVELAND INDIANS2017 record: 102-60Rank in runs scored: 3rdRuns allowed: 1stManager: Terry FranconaRotation: Corey Kluber, Carlos Carrasco, Trevor Bauer, Danny Salazar (DL), Mike Clevinger, Josh TomlinBullpen: Andrew Miller, Nick Goody, Zach McAllister, Dan Otero, Tyler Olson, Matt Belisle, Carlos TorresCloser: Cody AllenLineup: 1B Yonder Alonso, 2B Jason Kipnis, SS Francisco Lindor, 3B Jose Ramirez,  LF Michael Brantley, CF Bradley Zimmer, RF Lonnie Chisenhall, DH Edwin Encarnacion, C Roberto PerezFun fact: Kluber was the only major league pitcher to average seven innings per start last season.Fun fact II: The Indians threw eight more shutouts and gave up 96 fewer runs than any other team in the league last year.Prediction: First. They could quit playing on Labor Day and win this division.MINNESOTA TWINS2017 record: 85-77Rank in runs scored: 4thRuns allowed: 9thManager: Paul MolitorRotation: Jose Berrios, Lance Lynn, Jake Odorizzi, Kyle Gibson, Phil Hughes, Ervin Santana (DL)Bullpen: Addison Reed, Trevor Hildenberger, Taylor Rogers, Ryan Pressly, Zach Duke, Tyler KinleyCloser: Fernando RodneyLineup: 1B Joe Mauer, 2B Brian Dozier, SS Eduardo Escobar, 3B Miguel Sano, LF Eddie Rosario, CF Byron Buxton, RF Max Kepler, DH Logan Morrison, C Jason CastroFun fact: Morrison hit .168 last year with men in scoring position for Tampa Bay.Fun fact II: The Twins went 12-16 last season against the Yankees, Indians, Red Sox and Astros.Prediction: Second. Whether they got the Good Rodney or the Bad Rodney will determine their wild-card chances.CHICAGO WHITE SOX2017 record: 67-95Rank in runs scored: 12thRuns allowed: 12thManager: Rick RenteriaRotation: James Shields, Lucas Giolito, Reynaldo Lopez, Miguel Gonzalez, Carson FulmerBullpen: Nate Jones, Luis Avilan, Danny Farquhar, Bruce Rondon, Robbie Ross, Aaron Bummer, Juan MinayaCloser: Joakim SoriaLineup: 1B Jose Abreu, 2B Yoan Moncada, SS Tim Anderson, 3B Yolmer Sanchez, LF Ryan Cordell, CF Leury Garcia, RF Avisail Garcia, DH Nicky Delmonico, C Welington CastilloDL: LHP Carlos RodonFun fact: Abreu, Joe DiMaggio and Albert Pujols are the only MLB players to hit 25 homers with 100 RBIs in each of their first four seasons.Fun fact II: Giolito ended last season with five quality starts in his last six.Prediction: Third, especially if the 100-mph stylings of rookie RHP Michael Kopech make an impact.KANSAS CITY ROYALS2017 record: 80-82Rank in runs scored: 12thRuns allowed: 10thManager: Ned YostRotation: Danny Duffy, Ian Kennedy, Jason Hammel, Nate Karns, Jake JunisBullpen: Brandon Maurer, Burch Smith, Wily Peralta, Justin Grimm, Blaine Boyer, Brian Flynn, Brad KellerCloser: Kelvin HerreraLineup: 1B Lucas Duda, 2B Whit Merrifield, SS Alcides Escobar, 3B Mike Moustakas, LF Alex Gordon, CF Jon Jay, RF Paulo Orlando, DH Jorge Soler, C Salvador PerezFun fact: Kennedy’s ERA zoomed from 3.68 to 5.38 last season.Fun fact II: The Royals led the league by putting balls in play 70 percent of the time.Prediction: Fourth. Moustakas and Gordon must feel like they missed the last plane out of Saigon.DETROIT TIGERS2017 record: 64-98Rank in runs scored: 9thRuns allowed: 15thManager: Ron GardenhireRotation: Michael Fulmer, Matthew Boyd, Jordan Zimmermann, Francisco Liriano, Daniel Norris, Mike Fiers (DL)Bullpen: Joe Jimenez, Drew VerHagen, Buck Farmer, Daniel Stumpf, Alex WilsonCloser: Shane GreeneLineup: 1B Miguel Cabrera, 2B Dixon Machado, SS Jose Iglesias, 3B Jeimer Candelario, LF Mikie Mahtook, CF Leonys Martin, RF Nicholas Castellanos, DH Victor Martinez, C James McCannFun fact: The Tigers’ opponents had the highest OPS in baseball (.811) last season.Fun fact II: Cabrera, who turns 35 in April, had a .399 slugging percentage. His career figure is .553.Prediction: Fifth. Mercifully, Mike Ilitch isn’t around to see this.AL EASTNEW YORK YANKEES2017 record: 91-71Rank in runs scored: 2ndRuns allowed: 2ndManager: Aaron BooneRotation: Luis Severino, Masahiro Tanaka, Sonny Gray, CC Sabathia, Jordan MontgomeryBullpen: Dellin Betances, David Robertson, Tommy Kahnle, Chad Green, Chasen Shreve, Adam WarrenCloser: Aroldis ChapmanLineup: 1B Tyler Austin, 2B Neil Walker, SS Didi Gregorius, 3B Brandon Drury, LF Brett Gardner, CF Aaron Hicks, RF Aaron Judge, DH Giancarlo Stanton, C Gary SanchezDL: 1B Greg BirdFun fact: Eight Yankees are 6-foot-4 or taller.Fun fact II: Although Chapman routinely throws 103 mph, Green and Betances had better strikeouts-per-nine innings ratios.Prediction: First. As good a bet to win the World Series as anyone.BOSTON RED SOX2017 record: 93-69Rank In runs scored: 6thRuns Allowed: 3rdManager: Alex CoraRotation: Chris Sale, David Price, Rick Porcello, Eduardo Rodriguez (DL), Drew Pomeranz (DL), Steven Wright (DL), Brian Johnson, Hector VelazquezBullpen: Joe Kelly, Carson Smith, Matt Barnes, Heath Hembree, Taylor Thornburg (DL), Bobby PoynerCloser: Craig KimbrelLineup: 1B Hanley Ramirez, 2B Eduardo Nunez, SS Xander Bogaerts, 3B Rafael Devers, LF Andrew Benintendi, CF Jackie Bradley, RF Mookie Betts, DH J.D. Martinez, C Christian VasquezDL: Dustin PedroiaFun fact: The Red Sox were last in the league in home runs for the first time since 1929.Fun fact II: Kimbrel has struck out 14.8 batters per nine innings for his career and has a WHIP of 0.910.Prediction: Second. This is a fully grown-up team that finds itself gazing up at giants.BALTIMORE ORIOLES2017 record: 75-87Rank in runs scored: 8thRuns allowed: 14thManager: Buck ShowalterRotation: Alex Cobb, Dylan Bundy, Kevin Gausman, Chris Tillman, Andrew CashnerBullpen: Mychal Givens, Darren O’Day, Richard Bleier, Pedro Araujo, Mike Wright, Nestor Cortes Jr.Closer: Brad Brach, Zach Britton (DL)Lineup: 1B Chris Davis, 2B Jonathan Schoop, SS Manny Machado, 3B Tim Beckham, LF Trey Mancini, CF Adam Jones, RF Colby Rasmus, DH Mark Trumbo, C Caleb JosephFun fact: Orioles starters averaged a league-low 5 2/3 innings last season.Fun fact II: Jones led AL hitters in average with runners in scoring position (.366).Prediction: The offense provides hope. Besides, UMBC beat Virginia.TORONTO BLUE JAYS2017 record: 76-86Rank in runs scored: 15thRuns allowed: 8thManager: John GibbonsRotation: Marcus Stroman, Aaron Sanchez, J.A. Happ, Jaime Garcia, Marco EstradaBullpen: Ryan Tepera, Aaron Loup, Deny Barnes, Tyler Clippard, Seung-hwan Oh, Danny Barnes, John AxfordCloser: Roberto OsunaLineup: 1B Justin Smoak, 2B Devon Travis, SS Aledmys Diaz, 3B Josh Donaldson, LF Curtis Granderson, CF Kevin Pillar, RF Randal Grichuk, DH Kendrys Morales, C Russell MartinDL: SS Troy TulowitzkiFun fact: The Blue Jays had five triples. As a team. All season.Fun fact II: Smoak hit 38 homers with 90 RBIs and an .883 OPS last season. In 2016, he hit 14 with 34 and a .705.Prediction: Fourth. Their window closed with an unmistakable thud.TAMPA BAY RAYS2017 record: 80-82Rank in runs scored: 14thRuns allowed: 5thManager: Kevin CashRotation: Chris Archer, Blake Snell, Jake Faria, Nate EovaldiBullpen: Jose Alvarado, Andrew Kittredge, Sergio Romo, Matt Andriese, Chaz Roe,Yonny Chirinos, Ryan Yarbrough, Jose AlvaradoLineup: 1B C.J. Cron, 2B Brad Miller, SS Adeiny Hechavarria, 3B Matt Duffy, LF Mallex Smith, CF Kevin Kiermaier, RF Carlos Gomez, DH Denard Span, C Wilson RamosFun fact: The Rays struck out an AL-worst 9.49 times per game.Fun fact II: Miller is the leading returning RBI man from last year. He had 40.Prediction: Fifth. They can run but they can’t hide. AL WESTHOUSTON ASTROS2017 record: 101-61Rank in runs scored: 1stcenter_img Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more