Los planes de pensiones pierden 586 millones en julio

The assets managed by private pension schemes fell by 0.62% in July, according to figures from consultancy VDOS, resulting in a loss of 586 million euros. This reduction, intended to supplement public pensions, brought the total managed to 93.263 million euros. International groups led the increase in assets in percentage terms, with a 1.29% rise.

In contrast, all other types of entities experienced declines in assets. Banks maintain their dominant market position with a 76.18% share, followed by independent groups at 8.51% and insurers at 5.86%. CaixaBank, through its subsidiary VidaCaixa, remains the leader in assets managed, with 26.273 million euros, representing 28.17% of the total.

BBVA follows with 17.432 million euros, accounting for 18.69%, and Santander with 11.94% and 11.131 million euros, excluding the value of mathematical provision refund guarantees for retired employees' pensions. These obligations are covered by an insurance policy included in the pension plan. By asset class, fixed-income funds are the only ones registering asset increases, leading the Spanish market with 41.692 million euros, representing 44.70% of the market, followed by variable income plans with 21.596 million euros.

In terms of profitability, Caja Ingenieros Vida stands out with a 1.07% return, followed by Occident Pensiones (0.39%) and Abanca Vida y Pensiones (0.20%), according to the consultancy's report. Among independent managers, Dunas Capital Pensiones led with a 4.74% weighted average return, followed by Cobas Pensiones with 4.62%. In terms of categories, variable income Spain had the best return with 2.03%, followed by variable income Europe (0.17%) and absolute return (0.15%).

On the other hand, variable income Asia-Emerging had a 6.31% loss, followed by variable income USA with a 1.48% decline.