FMA: Negative Performance of Austrian Pension Funds

Business › n.a. ♦ Published: September 13, 2011; 13:52 ♦ (Vindobona)

The Financial Market Authority (FMA) reports a negative performance of Austrian pension funds for 2011: total return amounted to -1.2% for the first six months.

FMA: Negative Performance of Austrian Pension Funds / Picture: © Vindobona.org

Today, the FMA published the report of Austrian pension funds. With a total return of -0.5%, the second quarter of 2011 has been slightly better than the first one. However, Austrian pension funds are still in the red. For the first six months, the negative yield is 1.2%. Assets under control, which accounted for 14.9bn at the end of June 2011, remained stable.

The number of…

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