OFEs increase Polish equity allocation to record-high levels

Polish pension funds (OFEs) increased their Polish equity allocation to a 113 basis points m/m increase, putting it at 79.7 percent, the highest level since May 2015, Financial Market Authority (KNF) data showed. Its value increased by 6.2 percent to PLN 139.34 billion, slightly below the WIG 6.4 percent gain in April. Foreign equities amounted…

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