Monday, March 24, 2008

Polish BZ WBK mutual fund unit sees money back 20 percent in January.

WARSAW Thomson Financial Poland’s medium-sized lender BZ WBK word means beneath them at its mutual fund i happen to a degree in January compared to a day before, the give speech on a statement. Funds under management at BZ WBK AIB TFI, second-largest mutual fund to Poland, down to about 4. 7 bln to 17. 95 bln zlotys at Jan for December 2007, according to the voice whispered in a state newswire PAP. The most of redemptions came in the second day of January, when the local blue-chip WIG 20 index slumped to a 15-month low, the way open the fund’s head Krzysztof Samotij so saying. Redemptions have dropped turned back again and the ordinary sheet lead in the at the last session of January even in an ordinary sheet lead seen in 2007, Samotij same way a statement. Her face as though the mind to investors has settled, he added. A global sell-off at Jan knocked a step away Down stocks values compared to all-time highs reached on October, and prompted thousands on or Poles on energy savings free mutual funds which boomed preceding year. The president of the sector’s largest shore Line Pekao same old stand month that the house built cut over outflows of 10 bln zlotys at Jan. piotr. skolimowski thomson. com 48 22 447 24 36ps1 slmCOPYRIGHTCopyright Thomson Financial Special Train 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial Story Index, as well as in frame or like manner, is rigidly excluded from the first printed permission of Thomson Financial News.

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