2026-01-14 17:50
publication
2026-01-14 17:50
Last year the assets of domestic investment funds increased by PLN 55.6 billion (14.6 percent) to PLN 435.1 billion – Analizy.pl and the Chamber of Fund and Asset Managers reported in the report. In December, the funds' assets increased by PLN 10.3 billion, i.e. they increased by 2.4%. mdm.
As reported in 2025, debt funds strengthened their leading position, increasing assets under management to PLN 207.7 billion (increase by PLN 52.9 billion; increase by 34.1% y/y) and share in the fund market – by 7 points. percent to 47.7 percent
In terms of annual dynamics (in percentage terms), the largest increase in assets was recorded in 2025 by PPK funds (50.2% y/y), whose assets at the end of December amounted to PLN 39.7 billion (data only for TFI, excluding PTE and TU).
Last year, most investment funds recorded an increase in assets under management at a double-digit rate. Five investment funds in 2025 recorded a decrease in the value of net assets.
“December was one of the best months of a very successful 2025 for holders of units and certificates of investment funds. Positive rates of return were achieved by approximately 90 percent of domestic funds and over 2/3 of foreign traditional funds. This is the result of good economic conditions on the markets: shares and bonds became more expensive, and precious metals also made money,” the report indicates.
“We estimate that the management result increased the assets of domestic funds by a total of approximately PLN +4 billion in the last month of last year. The clients themselves also contributed. In December, retail funds acquired PLN 4.5 billion, and PPK funds – almost PLN 0.7 billion. Only non-retail funds recorded an advantage in payouts – approximately PLN -0.3 million – it was added.
Throughout 2025, over PLN 48 billion was transferred “purely” to retail investment funds, beating the record from 2024.
“We estimate that the management results increased the assets of domestic funds by as much as PLN 36.5 billion in total last year (compared to approximately PLN 13 billion in 2024),” the report added.
It was reported that in December most debt funds generated positive rates of return and last month they received a total net inflow of PLN 3.4 billion. The increase in assets in the debt funds segment reached PLN 4.2 billion in December (2.1% m/m).
Throughout 2025, the assets of debt funds increased by PLN 52.9 billion (34.1% y/y), to PLN 207.7 billion.
In the case of equity funds, in December assets increased by PLN 1.6 billion (3.3% m/m), which was a result of both good management results and positive net sales (PLN 260 million). Throughout 2025, assets in this segment increased by PLN 10.7 billion (27.7% y/y).
In the group of Polish equity funds, net outflows of almost PLN 0.5 billion were recorded throughout 2025, but thanks to positive rates of return, assets increased by PLN 5.9 billion (29.4% y/y).
It was reported that mixed funds also recorded a solid increase in assets. Last month, most of them made profits, so the whole year was successful for them. At the same time, customers deposited more funds into them than they withdrew. In December, PLN 666 million flowed into their wallets, and in the entire last year, almost PLN 3.1 billion. (PAP Business)
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