OFE net assets value inches up in June

The net assets of the Polish private pension fund (OFE) amounted to some PLN 142.71 billion in June, a 1.2 percent month-on-month increase, according to a report issued by researcher Analizy Online. “The result for June was driven mostly by good results of the Warsaw bourse. Since the beginning of t...

OFEs transfer PLN 1 bln to ZUS in Q1

Private pension funds OFEs transferred PLN 1 billion to the social insurance board ZUS under the pre-retirement asset shift in Q1. In the same period, OFEs received PLN 836.5 million in transfers from ZUS.

Locked content OFE net assets value drops in May

The net assets of the Polish private pension fund (OFE) amounted to some PLN 172.6 billion in May, a 1.7 percent month-on-month decrease, according to a report issued by researcher Analizy Online. “May was the worst month of the year so far for the Warsaw Stock Exchange, despite most global indices ...

Morawiecki: OFE reform to be passed by the end of the year

Poland’s cabinet plans to adopt by end-2017 a new reform that would effectively dissolve the open pension funds (OFEs). “We expect no major changes from the point of view of the capital market,” Deputy PM Mateusz Morawiecki said. The reform should largely meet the outline presented back in July 2016...

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...