Dr Roger Rüegg

Head of Multi-Asset Solutions

Roger Rüegg has taken over responsibility for all multi-asset solutions in the Asset Management division of Zürcher Kantonalbank as of the beginning of December 2025. Previously, he led the "Systematic Mandate & Innovation" division within the same business unit for six years. Prior to this, he worked for six years as a portfolio manager for a globally invested equity fund, during which time the assets under management grew to over CHF 2 billion under his leadership. In total, he has more than 14 years of experience in asset management at Zürcher Kantonalbank.

Roger Rüegg holds a doctorate in Banking and Finance and completed a Master of Science in Quantitative Finance at ETH Zurich and the University of Zurich. He published the highly regarded study “How Rational and Competitive Is the Market for Mutual Funds?” in the prestigious Review of Finance journal.

Blog posts

Asset Allocation Update July 2026

In contrast to the current weather, equity markets cooled somewhat in June due to concerns about interest rates. We are increasing our allocation to cyclical equities.

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Asset Allocation Update June 2026

The first hot days herald the arrival of summer, and the stock markets are already signalling a risk of overheating. We therefore reduced our equity exposure slightly in mid-May.

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Asset Allocation Update May 2026

For global equity markets, the war in Iran is over. The focus has shifted away from the Strait of Hormuz towards corporate earnings, which are above all driven by AI.

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Iran Conflict: Risk reduction after rebound

After 52 days, the Iran conflict appears to be entering its final phase. The overall picture remains positive, thanks to a robust economy, strong corporate earnings, and further interest rate cuts in the U.S. Nevertheless, adjustments are now becoming necessary.

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Iran Conflict: oversold Swiss equity market

Recent geopolitical tensions and movements in the energy and interest rate markets have increased volatility in financial markets and led to a correction in Swiss equities. Against this backdrop, we are making targeted reallocations in our portfolios.

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Systematic rebalancing: Proven approach – even during turbulence

Why emotion-free investing can add value, even (or especially) during emotional market phases.

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Systematic rebalancing: knowing when enough is enough

Rebalancing strategies implement the "buy low, sell high" approach in a disciplined manner. But when is the best time to rebalance?

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More balanced thanks to robust return forecasts

The traditional starting point in strategic asset allocation (SAA) is a point forecast for the expected return. In our approach, on the other hand, return forecasts are the natural result of the optimal weight and expected risk.

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Making blind spots visible

Making relevant data visible and combining it with broad-based expertise on investment-related information – this is what the second part of our three-part series on strategic asset allocation explores.

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Risk model as the foundation for a balanced training plan

Those who set themselves a goal in sport need to know the fundamentals of mobility and speed. The situation is similar when investing – the first part of a three-part series on strategic asset allocation.

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