Number of TFI clients drops by 4,500 in Q1

The number of Investment Funds (TFI) clients dropped for the first time in two years - by 4,500 in the first quarter of 2019, according to Analizy Online. There were over 2.32 million clients with units and fund certificates at the end of March.

PKO TFI has reported the largest number of clients for two years. At the end of March, over 583,000 clients invested in its funds. NN Investment Partners TFI had almost 277,000 customers end-March - over 11,000 more than a quarter earlier. This is the largest quarterly increase among all TFIs that share data and places the company in third place in terms of the total number of clients.

(ISBnews)