OFE net assets value grew by 1% in January m/m

The net assets of the Polish private pension funds (OFE) amounted to some PLN 150.6 billion, an increase by 1 percent month-on-month, according to a report issued by Analizy Online. “The recent WSE upturn had a positive effect on the OFE fund results. The net assets increased by PLN 2 billion,” the report reads. The financial transfer from the Social Insurance Institution (ZUS) to the OFE funds stood at PLN 233 million. All of the 12 private pension funds registered positive results.