WARSAW: Financial market regulator KNF reported that the privation pension funds OFP increased exposures to foreign equity last month. The value of foreign equities jumped by 26.8%, the value of domestic equities edged up by 1.52%, below the 2.31% growth of the Warsaw broad market index WIG, suggesting net sales of Polish equities.
The value of foreign equities held inreasing by a hefty 27% last month to ca. PLN 8.1 billion.Private pension funds OFE increased exposure to foreign equity in February, with the value of foreign equities held increasing by a hefty 27% last month to ca. PLN 8.1 billion, data published by financial market regulator KNF show.
The total value of equities held by OFE grew by PLN 3.53 billion to PLN 130.24 billion in February, almost equally split between foreign and domestic equities, KNF data show. The share of foreign equities in AuM for the entire OFE system jumped above the 5% mark to ca. 5.3%.
