Poland’s open pension funds (OFE) could be investing making 30 percent of their investments on foreign markets by 2021, according to the government’s latest proposal. This would mark a huge increase from the 5 percent they are currently able to employ beyond Poland’s borders. However, market observers warn that the funds may not be overly anxious to invest in other countries, since they would have to finance the costs of such transactions themselves. With Polish investments, Poles themselves incur the costs. The idea would be to lift the limit on foreign transactions by 5% every two years, beginning next year.
