2.9m - this is the number of clients of investment funds at the end of September. This is 330,000 fewer than at the beginning of the year, Analizy Online estimate. This means that investment fund companies have lost 10 percent of their clients. This is not much if compared with PLN 26bn withdrawn from the funds at the same time.
"This means that more wealthy clients withdrew their funds, that's why the amount was big and the number of clients - relatively small. Many clients would withdraw only part of their savings", Sebastian Buczek, Quercus TFI CEO said.
However Tomasz Publicewicz from Analizy Online stresses that due to technical
reasons, some people are registered as clients of investment funds several
months after they have resigned.