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. Debt funds posted PLN 375 million inflows and equity funds with PLN 343 million. “The very high, positive balance of payments and amortizations in January shows that the current year looks promising, but one should consider that one of the key factors determining the behavior of the TFI market will be possible interest rate increases. But seeing the investors’ engagement so far it looks like the good streak should continue,” IZFiA President Marcin Dyl said.