Polish pension funds grow by 13.4% ytd, reaching EUR 72.9bn at end of November

By bne IntelliNews December 9, 2013

The value of assets managed by Poland's 13 mandatory open pension funds (OFEs) increased in November by 0.8% m/m to PLN 305.75bn (EUR 72.90bn) at the end of the month, according to the Polish Financial Supervision Authority (KNF). Ytd, these assets grew by 13.4%.
The number of OFE members rose to 16.377mn at the end of November from 16.380mn a month earlier and vs. 15.942mn at the end of 2012.
The OFE accounting unit's weighted average value was PLN 37.78 at the end of November vs. PLN 37.56 a month earlier and compared to PLN 34.39 at the end of 2012.

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