KNF: OFE assets reach PLN 179.5 bln at end-17

Net assets under management of open pension funds (OFE) totaled PLN 179.53 billion at the end of 2017 compared with PLN 153.43 billion a year earlier, the Financial Supervision Authority KNF reported. The three biggest funds in terms of net assets (out of 11 currently operating) are: Nationale-Nederlanden OFE (PLN 44.58 billion), Aviva OFE Aviva BZ WBK (PLN 39.47 billion) and OFE PZU 'Złota Jesień' (PLN 23.33 billion). The largest position in the OFE's portfolio were shares of WSE-listed companies which accounted for PLN 141.9 billion of the assets. The number of OFE members at the end of 2017 amounted to 16.1 million compared to 16.42 million a year earlier.