Big jump in investment funds indicates economic confidence in the country
Over the past month alone the finances managed by the investment funds increased by as much as zł.1.22 billion. According to estimates of Analizy Online, during the first three months of this year clients paid in zł.2.3 billion more than they withdrew. The injection of additional sums of capital into the funds was further triggered by the widely expected interest rate cuts, which influences the attractiveness of bank deposits. The end to the dynamics of growth on the Warsaw Stock Exchange has also caused people to be more cautious about investing on the bourse and locating their assets in in vestment funds that concentrate on the strict purchase of shares. (Rzeczpospolita, p.B7) A.K.