Public offers to reach historic high of zł.9 billion on Q4?
The supply will not only be purchased by pension funds and investment funds, but also by foreign investors and individuals. Paweł Tamborski, a CAIB Financial Advisors management board member, believes that not all of the offers will be concluded with success and thus some of the debuts might be postponed to next year. Paweł Wilkowiecki, a funds manager in Pioneer Pekao Investment Management, believes that the major factor conditioning the success of share issues will be their price. He added that the situation on the bourse will be also of key importance with this regard, and while it is good in Poland it is already deteriorating abroad. (Parkiet, p. 1) M.M.