Surging assets of investment funds drive the expansion of the whole asset management industry in Poland, according to Inteliace’s latest report.

Total assets under management across three key segments: investment funds, insurance investments and pension funds topped PLN 602 billion (EUR139 billion) as of 1H 2013, after adding 25% in just 18 months from Dec. 2011, says Marcin Mazurek, director of Inteliace Research, during a presentation the report, "Asset Management and Investment Funds Market in Poland, 2013-2015."

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Mazurek added that the investment funds in Poland are experiencing continuous inflows of new funds as a favorable tax treatment makes funds convenient vehicles to manage the entire wealth of HNWIs. Moreover, falling interest rates on bank deposits are increasingly encouraging retail clients to invest in funds.

Setting aside the one-time event of second pillar pension sector overhaul planned for 1H 2014, Inteliace Research expects asset management industry in Poland to remain growing across all main segments through 2015.

Investment fund assets are likely to continue benefiting from exceptionally low interest rates on deposits. Similarly, a further growth in insurance assets driven by new sales of unit-linked products should be assumed.

Moreover, new tax incentives are likely to boost voluntary Pillar III pension assets. As far as the profitability of asset managers is concerned, Inteliace Research expects current margins to stabilize and asset managers profits to go up on higher volumes.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.