Q3 2019 FMA Report on Austrian Pensionskassen: Assets under Management increased by 2.3% to € 23.7 billion; investment performance +2.0%
The assets managed by Austrian Pensionskassen (pension companies) stood at € 23.7 billion at the end of the 3rd Quarter of 2019, corresponding to an increase of 2.3% or € 532.4 million compared to the previous quarter. The total number of beneficiaries rose by 0.6% to approximately 968,000, of whom approximately 11% already draw a pension benefit. The investment performance calculated by the Oesterreichische Kontrollbank (OeKB) for the 3rd quarter was +2.0%; the investment performance for the first nine months of 2019 was 9.1%. On average for the last three, five and ten years the performance stands at +3.5%, +3.5% and +4.2% respectively. These findings have emerged from the Report on the Austrian Pensionskassen for the 3rd Quarter of 2019, which was published today by the Austrian Financial Market Authority (FMA).
97.3% of the assets of the Pensionskassen are held indirectly via investment funds. Broken down into investment classes, debt securities have the largest share of the portfolio, amount to 48% of assets, followed by equities with around 30.5%, while balances held at credit institutions stand at around 6.5%. The remainder is in the form of real estate, loans and credits as well as other assets. After having taken currency hedge transactions into account, around 31.2% 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 (FMA Media Spokesperson)
+43 / (0) 1 / 24959-6006
+43/ (0) 676 / 88 249 516