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Investment Funds

Company Pension Schemes Show Negative Performance

In 2011, Austrian company pension funds showed losses of 3.3%.

February 20, 2012

Lack in Know-How for Investments

For 91% of the Austrians the topics investments and finance are too complex. A lack in transparency is obviously the problem.

December 9, 2011

C-Quadrat Announces Lower Net Profits

Net profits of the Austrian investment fund company for the period amounts to € 2.5m after 9.3m in 2010. Management fees were up by 35%.

November 7, 2011

Gold Remains Popular for Austrians

27% of Austrians expect higher profits from gold than from shares, bonds or investment funds.

October 22, 2011

Performance of Investment Funds Drops Further in September

The average one-year performance was -3.74%. Only 526 out of 1,614 funds showed a positive performance.

October 12, 2011

C-Quadrat Plans to Close Its Fundbrokerage Business

The Austrian fund company will focus exclusively on its asset management core business segment.

September 24, 2011

Investment Funds with Negative Performance in August

The average one-year performance was -1.36%. Only 675 out of 1,615 funds showed a positive performance.

September 9, 2011

C-Quadrat Receives Management Mandates with a Volume of € 300m

The Austrian fund company will assume the mandates from Germany’s third-largest insurance group in the fourth quarter.

September 8, 2011

Massive Decline in Profits for C-Quadrat

The Austrian fund company recorded a drop in performance fees in the first six months of the year. Net profit fell from € 8.5m to € 2.0m.

August 16, 2011

Wealth Growth of Private Households Comes to a Halt

Austrian households’ financial assets increased only marginally to € 462bn in the first quarter. Investments in bank bonds were the driving factor with a total of € 1.1bn.

July 14, 2011

Majority of Investment Funds with Positive Development in June

June was another successful month for Austrian funds: 1,233 out of 1,628 funds showed a positive performance.

July 8, 2011

Profit Decline for C-Quadrat

Strong increase in management fees from € 7.6 m to € 11.5 m (+52 %). Net profit amounts to € 1.0 m.

May 9, 2011

Funds are Considered as a Suitable Old-Age Provision for many Austrians

The majority of Austrian fund owners rate investment funds as a suitable old-age provision, according to the result of a recent population-representative study of AXA Investment Managers.

May 4, 2011

Erste Group Launches Rising Markets Indices

Erste Group launches Rising Markets Indices for bonds and equities focusing on high-opportunity countries. Country selection based on criteria such as GDP growth, population growth, anti-corruption measures and standard of living.

May 3, 2011

RCM - Raiffeisen Capital Management Company grew in 2010

Despite the international debt crisis and the repeated fears of a recession, money flowed back into the investment company last year.

April 23, 2011

Households are Relying Increasingly on Managed Financial Products

Almost half the savings of Austrian households were invested in mutual fund shares, life insurance or pension funds, i.e. in managed financial products.

April 15, 2011

Occupational Pension Funds: Deposits in Investment funds +32%

By the end of 2010, the volume of pension rights of the ten occupational pension funds operating in Austria amounted to € 3.56bn, representing an increase of 26% compared with the end of December 2009.

April 12, 2011

C-Quadrat Achieved Strong Profit Increase

In 2010, operating income of the Austrian investment funds was up by 76%. Operating profits almost tripled.

March 30, 2011

Yield of Austrian pension funds: 6.5%

FMA report on the 4th Quarter 2010 of the Austrian pension funds: more assets under management, widely scattered performance.

March 18, 2011

Company Pension Funds Tend to Investment Funds

Investing in investment funds is a growing trend for company pension funds (betriebliche Vorsorgekassen), increasing by 32% in 2010. The volume of corporate pension funds increased by 26%.

March 11, 2011

The Madoff Affair: Austria Gets Into the Focus of U.S. Authorities

In the course of the Madoff fraud case, an American legal assistance request has now been filed before the Austrian justice system. Austrian banking circles are involved.

March 1, 2011

Bizarre Allegations of Meinl against Atrium

The ongoing conflict between the Austrian bank and the US-Israeli real estate fund shows new and unusual facets.

February 16, 2011

Austria Savers Remain Cautious

For 67% of Austrian savers, savings’ security is a priority. High yields only plays a role for about 10% .

February 5, 2011

Superfund Seeking for Investors in Japan

The Austrian investment fund intends to raise new funds via Japanese institutional investors. The volume is said to account for $ 100m

February 3, 2011

Atrium Terminates Trust Agreements with Meinl

The US-American/Israeli fund Atrium terminates trust agreements with the Austrian Meinl Bank AG under the 2003 and 2005 bonds due to “important reasons”.

February 3, 2011

Atrium European Real Estate Announces Credit Rating Update

Atrium European Real Estate Limited a real estate company owned by Citigroup/Gazit, is placed on CreditWatch Negative.

February 2, 2011

AvW Trial: Eight Years in Prison

An 8 years imprisonment sentence was imposed on the founder and CEO of AvW Group, Wolfgang Auer-Welsbach,

February 1, 2011

Atrium: "Meinl Exploited its Position as a Trustee”

After the repayment of the convertible bond to the Austrian Meinl Bank, the real estate funds considers the calling as "blatant unlawfulness."

February 1, 2011

Meinl Bank Continues to Claim Default of Atrium

Meinl Bank: „Atrium zahlt Meinl Bank states: "Contrary to their own announcement Atrium is not paying back the 10.75% convertible bond". Cross default risk remains upright

January 28, 2011

Atrium Repays Convertible Bond to Meinl

The American-Israeli real estate fund Atrium repays the 10.75% 2008 convertible bond to the Austrian Meinl Bank.

January 25, 2011

Meinl Bank: New Attacks Against Atrium

The dispute between the Austrian bank and the American-Israeli real estate fund is getting fiercer. Meinl is calling a bond.

January 21, 2011

Trend Reversal: International investors push for Austria's Real Estate Market

Austria is getting increasingly popular for foreign real estate investors. Mainly speculators start to get interested in the domestic market to care.

January 19, 2011

Life Insurance Continues in Demand

While Austrian private investors have less savings, rights to pensions and life insurances rise.

January 19, 2011

Record of Assets under Management for C-Quadrat

The investment fund was able to increase the managed assets in Austria by 26% to € 3.3bn. The volumne of new investments in 2010 amounts to € 804m.

January 19, 2011

Austria's Funds Showed a Plus in 2010

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

January 15, 2011

Austria Savers Remain Conservative

Saving behavior in Austria remains unchanged with a high degree of popularity of traditional building savings plans and bank savings accounts.

January 13, 2011

Auer-Welsbach Pleads Not Guilty

The former CEO of the Austrian AvW stays by his actions on the first day of his trial.

January 12, 2011

Additional Revenues for C-Quadrat

The Austrian investment fund C-Quadrat Investment AG earns additional revenues from performance fees in December 2010.

January 7, 2011

New Responsibilities for the Financial Market Authority

As of 2011, the Austrian Financial Market Authority (FMA) has to face new challenges. The focus is on the fight against money laundering.

January 3, 2011

Bank Austria-Fund “Real Invest Europe” Opens as from 21 December 2010

Revaluation of property portfolio complete. Commercial property in Stuttgart sold at market price.

December 21, 2010

Government Adapts Capital Gains Tax on Securities

Taxation will be implemented from October 1; loss compensation is allowed. There are no essential changes however.

November 29, 2010

C-Quadrat Investment AG Reports Q1-3/2010 Results

The fund management company records increasing income as well as rising profits.

November 15, 2010