AuM of Polish investment funds up in April
May 12, 2014
Assets under management (AuM) of Polish investment funds increased in April by 2.3% month on month to PLN 196.4 billion, according to a report by researcher Analizy Online and asset management lobby IZFiA.
April thus showed a return to an upward trend after a m/m decline in March, the report said.
The annual growth reached 23.5%, the report read. Should the growth rate continue at a similar level in the coming weeks, AuM could soon exceed the barrier of PLN 200 billion.
Inflows were the key driver for the AuM rise in April as net inflows reached PLN 3.4 billion in April.