Polish investment funds assets inch down in September

Net assets under management (AuM) of Polish investment funds contracted by 0.45 percent m/m to PLN 273.8 billion in September, a report by researcher Analizy Online and asset management lobby IZFiA showed. Non-public asset funds are responsible for the overall decline. Last month the value of capital accumulated in the products of this segment decreased by nearly PLN 2.6 billion. As a result, the assets accumulated in them fell below the symbolic barrier of PLN 100 billion. The AuM were positively influenced by the inflows to retail funds at PLN 1.1 billion and result on management.