Open Pension Fund rebounds from risky investments

Although the annual rate of return is what has caused OFE's drift into last place with 9% separating it from the leader, the rate of return in H1 has put OFE in the middle of the pack. Changes to its share portfolio in H1 are what cause its big losses in the first place, and what influence the overall bad results, says PTE Bankowy president Krzysztof Lutostanski. OFE invests in medium and small companies, contrary to bigger investment funds that invest in big companies. Experts say that investing in medium and small companies can yield good results but carry bigger risk. OFE made changes to a quarter of it its portfolio, exchanging of zl. 250 million of its assets.Its new strategy is aiming to decrease the risk concerned with investing.(Puls Biznesu p.13) M.M.