The assets managed by Austrian Pensionskassen (pension companies) stood at € 25.17 billion at the end of the 3rd Quarter of 2023, corresponding to a decrease by -1.02% or € 260 million compared to the previous quarter. The total number of beneficiaries rose by +0.17% in comparison with the preceding quarter to 1.05 million individuals. 13.52% (approx. 143,000) are already receiving a pension benefit. The investment performance calculated by the Oesterreichische Kontrollbank (OeKB) for the 3rd quarter was -1.34%. It was +1.88% for the first nine months of the year. For the last three, five and ten years, the average performance stands at +1.35%, +1.66% and +2.93% respectively. These findings have emerged from the Report on the Austrian Pensionskassen for the 3rd Quarter of 2023, which was published today by the Austrian Financial Market Authority (FMA).
96.09% 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 and amount to 36.27% of assets, followed by debt securities at 35.01%, real estate at 6.88%, while balances held at credit institutions stand at 6.65%. The remainder is in the form of loans and credits as well as other assets. After having taken currency hedge transactions into account, around 29.41% of the assets were invested in foreign currencies. The Quarterly Report can be found on the FMA website (in German only) at: https://www.fma.gv.at/pensionskassen/offenlegung/quartalsberichte/
Journalists may address further enquiries to:
Klaus Grubelnik
+43/(0)1/24959-6006
+43/(0)676 88 249 516