The market in which INVESTMENT FUND MANAGERS operates is dynamically growing in Poland and around the world.
Capgemini and Merrill Lynch's World Wealth Report 2006, 10th Anniversary 1997-2006 estimated the world growth of the asset management market as 8.1% p.a. (in the years 2003-2005).
In Poland, the asset management and financial consulting market for wealthy individuals grows at the rate of 9 % p.a.
The number of potential clients holding sufficient assets to invest at the level of PLN 100 000 has been assessed at 500 000 people. Other research refers to 60 000 individuals with at least PLN 500 000 of free assets to invest.
Polish banks attempting to answer the investment needs of this group of clients are limited by the closed product architecture, as they most frequently offer their own products or products of their own capital groups. The group of banks which offer products of competing institutions is relatively small. Therefore, bank clients, if they co-operate with one bank only, do not have the opportunity to use the best investment solutions available in the market. In order to have access to various products, one has to contact various financial institutions.
Clients rarely have a possibility to use the services of a specialised consultant who is solely concentrated on developing investment solutions based on the products of many recognized investment companies in the world.
The lack of specialised institutions concentrating solely on the above-described market segments of asset management and financial consulting is a characteristic feature of the Polish market.
