OFE net assets soar in December. Best year in history

The net assets of the Polish private pension fund (OFE) amounted to some PLN 179.5 billion in September, an impressive 17 percent y/y increase, according to a report issued by researcher Analizy Online. “This is the result of the positive sentiment on the domestic equity markets which increased OFE assets by some PLN 29.6 billion last year,” the report said. Overall, throughout 2017, the net assets of OFEs grew by 18.7 percent on average, which is the best result in history.