Wednesday, May 9, 2007

Polish Mutual Funds Boost Assets to New Record in April as Stocks Rally

(Bloomberg) -- Assets at Polish mutual funds rose to a new record in April as Poles continued to shift savings, seeking to take advantage of the Warsaw bourse's four-year rally, the country's main investment association said.

Fund assets increased 5.6 billion zloty ($2 billion), or 4.8 percent, to a record 123.2 billion zloty as of April 30, the Warsaw-based Chamber of Fund and Asset Managers said in an e- mailed statement today.


Read more at Bloomberg Emerging Markets News

No comments: