The total value of Occupational Pension Fund (hereafter referred to as “Funds“) assets increased by €80 million compared to the previous quarter, reaching €2.508 billion at the end of Q4 2024.

More specifically, the total deposits of the Funds saw a €7 million increase, reaching €73 million at the end of Q4 2024. The proportion of deposits in relation to total assets stood at 2.9%, compared to 2.7% in the previous quarter.

The value of total investments in debt securities rose to €1.123 billion at the end of Q4 2024, up from €1.108 billion in the previous quarter. This development was mainly driven by net purchases of domestic bonds, partially offset by net sales of foreign bonds. The proportion of debt securities in total assets decreased to 44.8% in Q4, compared to 45.6% in the previous quarter.

The value of total investments in mutual fund shares increased to €835 million at the end of Q4 2024, compared to €801 million in the previous quarter, with their proportion of total assets rising to 33.3%, up from 33.0% in the previous quarter. The increase in investment value was mainly attributed to net purchases of foreign mutual fund shares.

The value of total investments in stocks and other equity instruments increased to €425 million at the end of Q4 2024, compared to €407 million in the previous quarter. This rise was mainly due to an increase in valuations of foreign stocks. The proportion of stocks in total assets stood at 17.0% in Q4 2024, up from 16.8% in the previous quarter.