Austria’s Financial Market Authority (FMA) published its quarterly performance reports for pension companies (Pensionskassen) and corporate provision companies (Betriebliche Vorsorgekassen), linking weaker quarterly investment results to volatility in international financial markets in the first quarter of 2025. Pension companies’ assets under management slipped 0.5% versus end-2024 to EUR 28.6 billion at end-March, while quarterly investment performance was -0.8% as equity price corrections weighed on portfolios. On a year-on-year basis, assets under management were up 5.1% and investment performance was +4.2%. Beneficiaries increased 1.3% to 1.114 million, including 153,405 recipients already drawing pension benefits, and asset allocation remained broadly stable at 40% equities, 32% debt securities, 7% bank cash, 5.7% real estate and 3.2% loans and credits. Corporate provision companies’ assets under management rose 1.6% versus end-2024 to a record EUR 21.5 billion at end-March, supported by continued inflows despite market turbulence, while quarterly investment performance declined by 0.4%. Year-on-year, assets under management increased 11.3% and investment performance was +2.9%. Entitlements rose 0.4% to 11.26 million, and portfolios were weighted more heavily toward debt securities (66%) than equities (15%), with other asset classes representing minor shares.
Austria Financial Market Authority 2025-06-20
Austria Financial Market Authority publishes Q1 2025 data showing market volatility weakened pension companies and corporate provision companies’ returns
Austria's Financial Market Authority released quarterly reports for pension and corporate provision companies, citing weaker investment results due to international market volatility in Q1 2025. Pension companies saw a 0.5% decline in assets to EUR 28.6 billion, while corporate provision companies experienced a 1.6% increase to EUR 21.5 billion. Despite quarterly declines, both sectors showed year-on-year growth in assets and investment performance.