The Association of Austrian Investment Companies (Vereinigung Österreichischer Investmentgesellschaften, VÖIG) was founded on 20 January 1988, and is an umbrella organisation for all Austrian investment fund management companies and all Austrian real estate investment fund management companies. VÖIG represents 100% of the fund assets managed by the Austrian investment fund management companies and real estate investment fund management companies.
The purpose and the duty of this Association, which is organised under the law of associations, are to promote the investment industry in Austria and to provide comprehensive support to the Association’s members.
VÖIG participates in the evaluation of national and international (primarily European) rules that affect the interests of its members. VÖIG is in permanent contact with ministries, authorities and the Austrian Federal Economic Chamber (WKO) and exchanges information with national and international organisations and associations.
As a member of the European Fund and Asset Management Association (EFAMA), VÖIG has voting rights in various bodies at the European level.
Since early 2005, VÖIG has been admitting information members, who have access to an exclusive, real-time information system. As of 31 December 2016, VÖIG had 38 information members.
VÖIG sees itself as a competent contact for Austrian and foreign media, and responds to inquiries about the Austrian investment industry from Austria and abroad.