Aggregated News From Investment Management Regulators

FMA Report for Q4 2020 on Austrian Pensionskassen: assets managed increase slightly, positive investment performance


Please complete the required fields.

The total assets managed by Austrian Pensionskassen (pension companies) stood at EUR 25.5 billion at the end of the 1st quarter of 2021, an increase of 2.1% compared with the previous quarter. During the reporting period, the number of beneficiaries (entitled and recipients) stood at approx. 998,000 (0.3%). Of these, around 120,000 persons, or 12%, drew a pension from the Pensionskassen system. The investment performance that is calculated by the Oesterreichische Kontrollbank (OeKB) on a quarterly basis stood in the 1st quarter of 2021 at 2%, with multi-employer Pensionskassen (2%) performing better than single-employer Pensionskassen (1.3%). On average over the last three years the performance was 3.9%, over the last five years 4.2%, and for the last ten years 4.2%. A total of eight Pensionskassen were active in the Austrian market, of which five were multi-employer ones and three single-employer ones. These findings emerged from the “Q1 2021 Quarterly Report for Pensionskassen” that was published today by the Austrian Financial Market Authority (FMA).

Approximately 97.37% of the assets managed by the Pensionskassen were held indirectly via investment funds. With regard to the different investment categories, the managed assets were predominantly invested in equities (38.59%) and debt securities (34.93%). The remainder was spreading between balances held at banks 7.01%, real estate 5.43%, loans and credits 0.81%, and other assets 13.23%. 30.02% of the investment volume is held – after hedges – in foreign currencies.

The full quarterly report can be found (in German only) via this link.

This news item was originally published by the Financial Market Authority (FMA AT). For more information, please see the Source Link.

Regulator Information

Regulator Name: Financial Market Authority
Abbreviation: FMA
Jurisdiction: Austria

Recent Articles

Directive for the beneficial ownership register of express trusts and similar legal arrangements

See the Press Release published by the Cyprus Securities and Exchange Commission (CySEC CY) here: Source link


Attention! The FMA warns investors against concluding transactions with: RichmondSuper (Link to external page. Opens in new window.) [email protected] [email protected] [email protected] [email protected] [email protected] (Link to external page. Opens in new window.) This provider...

Hardson Becker Global

Attention! The FMA warns investors against concluding transactions with: Hardson Becker Global with its registered address apparently in Hangzhou, China This provider is not authorised to carry...

“Let’s talk about money” – money laundering: how illegal assets are given a legal appearance

In the latest edition of its consumer information series, “Let’s talk about money” the Austrian Financial Market Authority (FMA) explains about the term money...

Chair Powell will host town hall with educators August 2, 2021 at 4 p.m. EDT

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below.

Get the latest from Regulatory.News in your inbox!