Polish Mutual Fund Flows: Equity outflows defined total flows
We estimate that in July total inflows to capital market funds reached PLN 120m. The money market gained PLN 1.3bn which was partially offset by outflows from equity funds of PLN 275m and absolute return funds of PLN 610m. Fixed income funds suffered PLN 372m of outflows. Money market funds maintained their inflow momentum with 9-month streak of inflows exceeding PLN 1.1bn.We calculate Polish mutual funds sold a net PLN 534m of equities of which a net PLN 346m was sold in foreign markets and PLN 188m was sold in the Polish market. Total AuM increased to PLN 281.5bn, which was partially attributable to strong equity performance.
PKO TFI saw the highest inflows followed by Union Investment TFI, while Altus TFI and Trigon TFI suffered the biggest outflows.
Haitong is the first international Chinese investment bank and our goal is to be the primary channel for capital flows into and out of China. During 2015 the Senior Management Team in London was expanded significantly to focus on this objective and to provide a full-service cross-asset markets business coupled with sector-focused investment banking. We work closely with our world-wide network of offices to bring a true depth of understanding to all client situations.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.