Locked content 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 pe...

Locked content Polish investment funds assets grow to PLN 275.7 bln in April

Net assets under management (AuM) of Polish investment funds inched up by 0.9 percent (PLN 2.5 billion) to PLN 275.7 billion in April, a report by researcher Analizy Online and asset management lobby IZFiA showed. In the same period, net inflows stood at PLN 0.6 billion. Since January 1, 2017, the A...

OFE net assets value soar in April

The net assets of the Polish private pension fund (OFE) amounted to some PLN 175.8 billion in April, an increase of 4.9 percent month-on-month, according to a report issued by researcher Analizy Online. Driven mostly by good trading results on the Warsaw Stock Exchange, where the blue-chip WIG20 ind...

OFE with the average 1-year return rate at 17.56%

Private pension funds OFE achieved 17.56 percent weighted average rate of return in the one-year period ending March 31, 2017, financial market regulator KNF said. The best performer was MetLife OFE with 19.51 percent return rate, followed by Pekao OFE (19.36 percent) and PKO BP Bankowy OFE (18.80 p...

Locked content OFE with the average 3-year return rate at 12.9%

Private pension funds OFE achieved 12.9 percent weighted average rate of return in the three-year period ending March 31, 2017, financial market regulator KNF said. The best performer was MetLife OFE with 17.37 percent return rate, followed by PKO BP Bankowy OFE (16.31 percent) and AXA OFE (14.57 pe...

Locked content OFE net assets value inch up in March

The net assets of the Polish private pension fund (OFE) amounted to some PLN 167.6 billion in March, an increase of 0.1 percent month-on-month, according to a report issued by researcher Analizy Online. Thanks to good results in the first two months of the year, for Q1, assets of all OFEs combined g...

Locked content Consultations on capital pension system reform will launch in Q2

Poland will send draft legislation on revamping of its capital pension savings system to consultations in Q2, the Social Dialogue Council wrote in a statement. “The complete set of bills implementing the changes, concerning both capital pension plans and changes to private pension funds OFE system, ...

Locked content ZUS transfers PLN 175.5 mln to OFEs this week

Poland’s Social Insurance Board (ZUS) transferred PLN 175.5 million to the open pension funds (OFE) In March transfers have so far amounted to PLN 296.6 million and in 2017 transfers have reached PLN 734.1 million. Last year, ZUS transferred PLN 2.88 billion to OFEs. Poland has been transferri...