OFE assets down 4.7% in March

Open pension funds (OFE) lost on average 4.7 percent of their value in March, according to a report prepared by Analizy Online and the Polish Chamber of Pension Funds (IGTE). At the end of March OFEs had €165.7 billion worth of assets, predominantly large companies’ stocks. The loss is attributed to the declines on global…

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