Austrian pension provider Valida reported that its Pensionskasse and Vorsorgekasse achieved “significantly” better returns than the market average in 2024, according to its annual results.

According to the update, the Valida Pensionskasse preliminary investment result was 8.24 per cent in 2024, exceeding the average of all domestic pension funds of 7.76 per cent.

This is the fourth time Valida Pensionskasse has exceeded its market value.

In addition to this, for the Valida Vorsorgekasse, the fund that manages severance pay contributions, the preliminary annual performance in the investment pool open to customers was 5.26 per cent in 2024. This is also above the industry average of 4.93 per cent.

Employees and self-employed persons with a Valida Vorsorgekasse account recorded a “significant” increase in the value of their new severance pay assets.

The update also showed that Valida’s assets increased to €13.1bn, credited to "strong" performance, ongoing premiums, and the acquisition of new customers.

At the end of 2024, the Valida Pensionskasse invested €7.9bn, while it held assets of €5.2bn, positioning Valida among the top Austrian pension and severance funds.

Valida Holding AG CEO, Martin Sardelic, said 2024 was marked by “geopolitical turbulence, the US election, and economic challenges”, but the financial markets developed “surprisingly” positively.

“The pleasing investment results of our two companies prove that we are implementing the right strategies and decisions in the investment of our client's assets,” he continued.

“In recent years, we have always been able to achieve value gains that are above our benchmarks in very different market phases."

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