At the end of the 2nd Quarter of 2021 the assets managed by Austrian Pensionskassen (pension companies) stood at € 26.2 billion, an increase of +2.83% compared to the previous quarter. The number of beneficiaries in the Pensionskassen system increased by 0.56% to just over one million persons during the 2nd quarter; around 12.2%, or around 122,000 pensions already receive a pension benefit. During the first six months of 2021 the investment performance calculated by the Oesterreichische Kontrollbank (OeKB) was +4.78%, with performance of +2.83% during the 2nd quarter. On average for the last three, five and ten years the performance stands at +4.8%, +4.7% and +4.5% respectively. These findings have emerged from the Report on the Austrian Pensionskassen for the 2nd Quarter of 2021, which was published today by the Austrian Financial Market Authority (FMA).
97.2% of the assets of the Pensionskassen are held indirectly via investment funds. Broken down into investment classes, equities have the largest share of the portfolio with 39,4% of assets, followed by debt securities at 34.2%, while balances held at credit institutions stand at 6.9% and in real estate at 5.3%. The remainder is in the form of other assets. After having taken currency hedge transactions into account, around 30.1% of the assets were invested in foreign currencies.
The full quarterly report can be found on the FMA website (in German only) at https://www.fma.gv.at/versicherungen/offenlegung/quartalsberichte/
Journalists may address further enquiries to:
Klaus Grubelnik (FMA Media Spokesperson)
+43/(0)1/24959-6006 or +43/(0)676/88 249 516