Banking, Finance, Insurance and Securities (BFIS) Consultancy - Financial

Austria Pension Funds Tender

📄 Tender ID: 443499111 📅 Published: 11 Apr 2019

📋 Tender Overview

In the first quarter of this year the pension funds generated a performance of plus 5.12 percent. This essentially offset the negative stock market trend of the past year. Andreas Zakostelsky chairman of the Professional Association of Pension Funds of the Austrian Federal Economic Chamber WK explains Pension funds invest long term a pension fund pension is built up over decades. Therefore the long-term investment performance is decisive for the amount of the pension. A consideration of the performance in short periods of time or only on a key date does not give a meaningful picture. Of course in order to communicate transparently we also publish the quarterly results on an ongoing basis.The best way to generate good returns over the long termResponsible for the good result of the first quarter of 2019 are above all the rising prices of American and European shares as well as the central bank policy of the American and European central banks which in any case are not aiming for a rapid rate hike. It shows once again that a diversified investment in the capital markets is the best way to generate long-term good returns for a capital increase said Association Chairman Andreas Zakostelsky.However the markets are likely to remain volatile in 2019 as well. Currently experts are talking about a possible slowdown in the economy. By contrast a possible end to the trade conflict between the US and China would further boost the financial markets and support the global economy.The Austrian pension funds operate an active investment management. Therefore all influencing factors are constantly monitored closely by the investment experts of the pension funds.

🔍 Key Information

📄
Tender Reference No.
443499111
📅
Publication Date
11 Apr 2019
🌐
Sector
Banking, Finance, Insurance and Securities (BFIS)
📝
Notice Type
News
📍
Location
Austria

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🧭 Quick Facts

Authority N/A
Country Austria
State / UT N/A
Tender Type Procurement News
Currency N/A
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