The total assets managed by Austrian Pensionskassen as at 31 March 2012 amounted to € 15.6 billion, representing an increase of 5.6% compared with Q4 2011. The value of assets managed by insurance undertakings authorised to provide occupational pension group insurance in Austria fell by 0.2%, to € 509.3 million. The number of beneficiaries increased by 1.7% quarter-on-quarter, to some 805,700 people. The news was disclosed in the Report on Q1 2012 Performance of Austrian Pensionskassen published today by the Financial Market Authority FMA.
The assets invested by all of the Pensionskassen combined produced an average investment result of 4.3% in Q1 2012. In the last three years, the Pensionskassen achieved an average performance of 5.8% per annum. The average performance of the last five years is 0.6%, while the 10-year average is 2.8%.
The largest share in the portfolio at the end of Q1 was taken by debt securities, with 50.2% of the total assets. Shares made up 29.9% while bank deposits and credit held at banks accounted for 9.7%. The remainder comprised other assets, real estate and loans and credits. Some 18.0% of the assets were invested in foreign currencies (after currency hedging transactions). Indirectly, 91.9% of the assets of the Pensionskassen were held by investment funds.
You can find the Quarterly Report (in German) on the FMA website at: https://www.fma.gv.at/pensionskassen/offenlegung/quartalsberichte/
Journalists may address further enquiries to:
Klaus Grubelnik (FMA Media Spokesperson)
+43 (0)1 24959 5106
+43 (0)676 882 49 516