Locked content Poland to cap investment fund management and redemption fees

Financial market regulator KNF said that the fixed management by investment fund houses (TFI) should be capped at 2 percent. “The management fee on open-end mutual funds and sub-funds should be capped at 2 percent of net assets under management and adjusted to the investment policy, profit and risk ...

Locked content The assets of Polish investment funds (TFIs) rose by 1.8% in Q4

According to data released by Analizy Online, the number of TFI clients in Q4 dropped to 2.06 million, representing a 1.8 percent year-on-year drop. Funds with biggest losses included Pioneer Pekao TFI (over 7,000 clients has left the fund), PKO TFI and BZ WBK TFI with 3,500 and 2,200 less clients. ...

Locked content TFI assets worth PLN 255 billion

The assets of Polish investment funds (TFIs) rose by 1 percent month-on-month to PLN 255 billion in March 2016, according to a report by researcher Analizy Online and asset management lobby IZFiA. Equity funds saw the biggest increase, by 5.5 percent m/m to PLN 28.7 billion. Mixed funds grew by 2.6 ...

Locked content TFI’s profit up to nearly PLN 265 mln in H1

The Financial Supervision Authority (KNF) reported that the net profits of Investment Fund Society (TFI) totaled PLN 264.83 million in the first half of 2015, compared with PLN 223.1 million, in the corresponding period last year. The value of asset’s portfolio amounted to PLN 294 billion at t...

Locked content New Pioneer funds sales largest since October 2013

The value of sales of the new Pioneer investment funds amounted to PLN 670 million in March, it was the largest result since October 2013, the company informed. Since the beginning of the year, the sales have totaled PLN 1.8 billion. Money funds and cash funds were the most popular ones, the firm al...

Locked content Trigon TFI with PLN 800 million worth of assets

Trigon Investment Company (TFI Trigon), whose assets were valued at PLN 800 million at the end of 2014, is planning to strengthen its team hiring new professionals, the company’s CEO Marek Juraś informed. Last year, TFI Trigon noted net inflow of over PLN 580 million to capital assets funds investin...