OFE pension funds increases their allocation to domestic equities by approx. PLN 1.3 bln in May
Private pension funds OFE, in May, increased their allocation to domestic equities by approximately PLN 1.3 billion (EUR 304.1 million) to PLN 206.66 billion (EUR 48.3 billion), according to data from Polish financial watchdog KNF.
At the same time, OFE increased their exposure to foreign shares to PLN 26.7 billion (EUR 6.2 bln) from PLN 23.84 billion (EUR 5.6 bln) a month earlier.
OFE assets at the end of May amounted to PLN 256.6 billion (EUR 60 bln) compared to PLN 251.48 billion (EUR 58.8 bln) at the end of the previous month.
map/ nl/