Positive Result at Austrian Pension Funds

Businessn.a. ♦ Published: May 31, 2012; 20:47 ♦ (Vindobona)

Assets under management rose by 5.6% in the first quarter of 2012. The yield was beyond the long-term average of 2.8%.

Positive Result at Austrian Pension Funds / Picture: © Vindobona.org

The Austrian pension funds published results of the first quarter of 2012. At the end of the first quarter, assets under management came at € 15.6bn, which is an increase of 5.6% against the end of the fourth quarter of 2011. Assets under management at company pension funds declined by 0.2% to € 509.3m.

Against the prior quarter, the number of…