WARSAW: Poland saw stable growth across all but one segment in H1 2014. Assets of regulated investment funds and assets in voluntary pension plans pillar III kept growing quickly and reached PLN 203 billion and PLN 15 billion, respectively. Also managed funds of insurance companies (technical reserves) showed positive development climbing to PLN 152 billion, as of H1 2014.
In contrast, Pillar II assets plunged by nearly 50% to PLN 152 billion as the overhaul of the second-pillar pension system, in early 2014, resulted in a forced transfer of roughly half of segment’s assets to the state-run social security institution. As a consequence, despite positive developments in most segments, the total value of assets under management (AuM) in Poland contracted to PLN 522 billion (€ 126 billion) in H1 2014. Poland 2014-2016″ provides a comprehensive overview of investment funds and asset management sector in Poland. Analysis covers three main pillars of the market including: mutual funds, insurance and pension assets. Report includes also mid-term forecast of key volumes for the period 2014-2016.
