At the end of Q3 2015 the total assets managed by Austrian Pensionskassen (pension companies) amounted to € 19.2 billion, representing a 3.7% decline compared with the previous quarter. In the third quarter the total number of beneficiaries rose slightly, by 0.4% to 870 000, of whom around 10.0% received pension benefits. Oesterreichische Kontrollbank (OeKB) calculated quarter-on-quarter investment performance for Q3 2015 to have dropped by 4.0%; in the first nine months the figure was up by 0.1%; and average performance over the past three, five and ten years was 4.9%, 4.1% and 2.8% respectively. These figures were disclosed in the Q3 Report on Austrian Pensionskassen published today by the Financial Market Authority (FMA).
Some 94% of pension company assets are held indirectly via investment funds, with 98.2% of all assets being measured at market rates. Split up into investment categories, debt securities made up the largest portion at 47.3%, followed by equities at 27.9% and bank balances at 13.3%. The remainder took the form of real estate, loans and credit, as well as other assets. After taking currency hedge transactions into account, around 17% of the assets were invested in foreign currency.
The Quarterly Report can be found (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)1/24959-6006
+43/(0)676/882 49 516