Croatian mandatory pension funds assets up 13% y/y at end-Dec.

By bne IntelliNews January 19, 2012
The net assets of Croatias four mandatory pension funds increased by 13% on the year to HRK 41.1bn (EUR 5.45bn) at end-December, the financial market supervision agency said. In monthly terms, the net assets rose by 2.5%, the agency said in a sector report. Investments in domestic assets accounted for 88.5% of the total, as investments in government bonds had the highest share, of 66%. The share of investments in open-end investment funds stood at 2.5%, while the finances invested in shares and global depositary receipts (GDR) equaled to 14% in December. The net assets of the open-end voluntary pension funds increased by 11.5% on the year to HRK 1.64bn, while the net assets of the closed-end voluntary pension funds soared by an annual 13.5% to HRK 326.6mn over the period.

Related Articles

Croatian govt to acquire four companies part of 3.Maj shipyard.

The Croatian government decided on Thursday, March 21, to take over the ownership of all four companies part of local shipyard 3.Maj after which the privatisation of the parent company will be ... more

Croatias Dukat to make takeover bid for Slovenias Ljubljanske Mlekarne.

Croatian dairy producer Dukat said it intends to place a takeover bid for the 49.7% stake it does not yet own in Slovenian peer Ljubljanske Mlekarne. Dukats current stake of 50.3% in the ... more

Croatia's construction output down 2.1% y/y in Jan 2013.

Croatia's construction output fell 2.1% on the year in January 2013 after dropping an annual 19.9% a month earlier, the statistics office said, quoting unadjusted data. Working-day adjusted data, ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335