Asset management data overview
An overview of macro data, economic data, as well as the asset management industry in Serbia. The following data has been prepared in close collaboration with Raiffeisen Research GmbH.
Evolution of Serbia’s asset management and pension sectors
The Serbian asset management industry is showcasing growth, with Raiffeisen Invest a.d. Beograd leading in assets under management. The pension sector is seeing developments in voluntary pension fund management companies and key players like Dunav and Generali.
Macro data for Serbia
6.6M
Population 2023
€ 73.1B
GDP total (nominal)
€ 11,000
GDP per capita 2023
3.8%
GDP forecast 2024 (real)
19%
Gross savings rate
Data as of June 2024
Asset management data
AMC**
PF company VPF***
Total assets
€ 1,190.6M
€ 490.0M
Total assets/GDP
1.6%
0.7%
Account ownership (15+)
89.4%
89.4%
Development perspective*
–
–
* Potential for annualized growth over the next 6 years, based on data linkage.
**AMC = Asset management company
*** PF = Pension funds, VPF = Voluntary pension funds
Economic data
Unemployment
9%
Currency
RSD
Remittances (% of GDP)
8.1%
2024 private consumption forecast (% yoy)
3%
Asset management data for Serbia
)
Pension fund companies
Company
Market position
Absolute figure
Dunav
41.9%
€ 205.2M
Generali
30.8%
€ 151.0M
DDOR Garant
14.2%
€ 69.3M
Raiffeisen
13.2%
€ 64.5M
Data sources: LSEG, World Bank, EFAMA (European Fund and Asset Management Association), and Raiffeisen Research GmbH.
The data shown here is for informational purposes only; we do not provide any guarantee for correctness or completeness.
Data as of June 2024