Investment funds with PLN 0.8 bln in inflows in December, PLN 14 bln in 2017
22:12
Poland's investment funds recorded net inflows of PLN 800 million in December, a report by asset management lobby IZFiA showed.
Total equity funds recorded a net outflow of PLN 170 million, while cash and money markets funds had PLN 1.1 billion inflows. Mixed funds had PLN 119 million inflows in December and PLN 3.3 billion inflows in the whole year.
“In 2017 investors did not lose doubt in the TFI market and each time they bought more funds units than they paid out funds. Over PLN 14 billion inflow in last year's balance is the success of all market participants, which also encourages optimism for the coming months,” the report said.