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Austria's Funds Showed a Plus in 2010

Published: January 15, 2011; 00:39 · (Vindobona)

2010 was another year of gains for Austrian funds: of 1601 funds, 1464, showed a positive performance.

Austria's Funds Showed a Plus in 2010 / Picture: © Flickr

The Vereinigung Österreichischer Investmentgesellschaften (VÖIG, Association of Austrian Investment Companies) reported a very positive year for the industry. The performance achieved was on average 8.71%. However, the figures of 2009 could not be reached. In the first year of the recovery, the performance was 19.25%. This was due to the crash of 2008, in which the Austrian funds lost…

This article includes a total of 159 words.

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