Znaczenie przemysłu spożywczego w strategiach inwestycyjnych otwartych funduszy emerytalnych

The analyses carried out in the paper showed that the role of the food sector in investment strategies of Pension Funds changed in the examined period due to reasons such as the business cycle. In 2008, after many years of growth, an adverse tendency was observed. The role of the food industry in share portfolio of pension funds decreased gradually and in 2010, was at less than 1%. There are some simultaneously acting determi­nants of this phenomenon such as the instability of food enterprise share prices due to economic, climatic and technological reasons.