Locked content TFI assets grew by 1.3% in May

The assets of Polish investment funds (TFIs) increased by 1.3 percent month-on-month to PLN 284.1 billion in May, according to Analizy Online and IZFiA. Cash funds saw the biggest growth rate (by 4.1 percent), followed by non-public assets funds (3 percent) and absolute return funds (2.1 percent). T...

Locked content Analizy Online: TFIs with PLN 8.6 bln outlows in April

Polish investment funds (TFIs) recorded a PLN 8.6 billion net outflows in April, largely due to nearly PLN 10 billion in net outflows from one of the non-retail Skarbiec TFI funds. Cash funds recorded PLN 1.8 billion net inflows, which brings the year-to-date figure to PLN 7.4 billion, according to ...

Locked content TFI assets inch down by 0.2% in February

The assets of Polish investment funds (TFIs) decreased by 0.2 percent month-on-month to PLN 283.2 billion in February, according to Analizy Online. Cash funds saw the biggest growth by 5.1 percent, followed by real estate funds (1.3 percent). The biggest drop was in equity assets, which contracted b...

Locked content TFI’s profit up to PLN 683.5 mln in 2017

The Financial Supervision Authority (KNF) reported that the net profits of Investment Funds (TFI) totaled PLN 683.58 million in 2017, up by 37.1 percent y/y. The value of assets under management amounted to PLN 380.6 billion at the end-2017, whereas last year it stood at over PLN 354 billion. Revenu...

Locked content Investment funds with PLN 2.5 bln in inflows in January

Poland’s investment funds recorded net inflows of PLN 2.5 billion in January, a report by asset management lobby IZFiA showed. This was the best January result in a decade. Cash and money funds recorded PLN 1.5 billion inflows, with mixed funds in a distant second at PLN 390 million inflows. D...

Locked content TFI assets inch up by 0.3% in November

The assets of Polish investment funds (TFIs) increased by 0.3 percent month-on-month to PLN 276.1 billion in November, according to Analizy Online. Cash funds saw the biggest growth by PLN 1.48 billion, followed by debt funds (PLN 0.22 billion). The biggest drop was in equity assets, which contracte...

Locked content Polish investment funds assets inch down in September

Net assets under management (AuM) of Polish investment funds contracted by 0.45 percent m/m to PLN 273.8 billion in September, a report by researcher Analizy Online and asset management lobby IZFiA showed. Non-public asset funds are responsible for the overall decline. Last month the value of capita...

Locked content NBP: asset management fees should be limited and diversified

Poland should diversify asset management fees of TFIs investment funds based on the investment risk profile, the central bank (NBP) said in its opinion to a draft bill on financial instruments. “The past few years have shown that there is no significant reduction in the level of fees charged to the ...