OFE net assets value drop by 5.2% in February

The net assets of the Polish private pension fund (OFE) amounted to some PLN 174.2 billion in February a 5.2 percent month-on-month decrease, according to a report issued by researcher Analizy Online. “The MSCI World index, reflecting the situation on the trading floors in dozens of countries with different levels of development, lost approximately 4.1 percent the largest monthly drop for over two years. The Warsaw Stock Exchange main market index WIG lost approx. 6.5 percent. Polish blue chips were even worse - the value of the WIG20 index dropped by about 7.4 percent,” the report said.