(Based on the data of Analizy Online)
In 2021, assets managed by the Investment Funds Management Companies increased to PLN 301.5 billion (+7.1% y/y), including assets of individuals which increased to PLN 184.1 billion (+7.9% y/y). As at the end of the analysed period, the value of funds accumulated in the PPK Defined Maturity Date Funds was PLN 6.5 billion.
As at the end of 2021, the balance of payments and redemptions totalled PLN 10.9 billion (PLN 0.6 billion in 2020). The high level of net inflow of funds to the market was due to the consistently high demand for investment funds among individuals who paid in a net amount of PLN 12.4 billion (PLN 0.3 billion in 2020). The inflow of new funds to the market visibly slowed down in the second half of the year, and in the last quarter the monthly redemptions clearly overweighed the payments.
At the same time, the structure of the balance showed a change in preferences of individuals and a shift towards funds which involved more risk. The largest inflow of funds was recorded by stock funds for which the annual balance of payments and redemptions amounted to PLN 7.2 billion (PLN -0.3 billion in 2020). Debt funds that were most popular with individuals in previous periods, showed a negative balance of payments and redemptions of PLN -8.0 billion in 2021.