The Chairman of TFI PZU was Martin adamczyk – Republic

The new President TFI ROM, Fund Manager on the value of 22 billion rubles, the last 12 years working abroad, recently as a senior portfolio Manager bond emerging markets in local currencies (lead portfolio Manager, emerging markets debt currency – local currency and local bonds) in the NN Investment Partners TFI in the Hague. Office on 1 April. – Russian stock market is expecting a significant regulatory change – promises Paul, Lettuce, Chairman of the Board of PZU Life . Martin for many years has gained experience in the markets where these changes have already occurred in the institutions about a transparent investment processes at the highest level, – he said. As an example, provides the Directive of the Directive, the implementation of w hich in Western Europe has caused profound changes in the best adjustment of investment products to meet the needs of customers. – This transformation-over-the Vistula will continue to operate – draws attention to the Salad. Poland, like other EU countries, is facing the implementation of the Directive Directive II. The salad emphasizes that the ROM is the largest financial institution in our part of Europe, with global aspirations. – We are looking for people such Outlook, so we put on Martin. By the way, people, who, like Martin, over the years have gained experience of working abroad and now want to return to Poland, are a huge capital, which is as the ROM we want to use – predicts the Salad itself years working abroad, in particular, Bank of America Merrill Lynch. One of the tasks of the new President will review the proposals TFI ROM and prepare the company for possible development of passive funds based on investment strategies whose goal is the imitation of quotations of stock indices or individual baskets of assets. Have very low management fees. – Fees charged by funds around the world are falling, and this trend will happen sooner or later also in Poland. We need to be ready for it, – predicts Chairman of the Board of PZU Life. That doesn’t mean TFI PZU intends to get away from the fact that in recent years wyspecjalizowało Fund is actively managed based on the author’s strategies. – Produktowo we want to stand on two legs. Good wallet, as an investor, institutional or individual, should consist of two parts – passive, which is the basis of a portfolio and actively – responsible for yield above the market – explains the Salad. Not without significance when choosing Adamczyka was his experience in investment company owned by the insurance group Nationale Nederlanden. Martin knows how to invest money belonging to the owner, like his clients, explains the Salad. Of the 22 billion of assets in funds of TFI PZU more than h alf of it money an insurance company. It is, however, not all analogies. Martin adamczyk, as well as the previous President TFI ROM also follows from the debt management. – The current level of Treasury yields, increasingly important, also in the portfolios of insurers have different asset classes, says adamczyk. – As well as unusual approach to bonds. The days when it was possible to create a wallet and not change it in a year, irretrievably gone. You must be very active and look for opportunities in more exotic segments of the market, for example, bonds emerging markets in which the interest rate is much higher than in developed countries,” says adamczyk. When asked about which asset classes to invest is now, draws attention to the action. – It seems that they catch the wind in the sails. Economic growth worldwide, not only in the US begins to accelerate. The European economy looks pretty solid. If we are talking about economic growth in China, then perhaps we have the potential for bad information. This is good news in the short term, but in the medium – not necessarily, because the Chinese can now be less committed to reform the economy, lists the new President TFI ROM. – If we are talking about bonds, as I have already said – you need to look for an opportunity. Where? Except for Poland, which remains for us, of course, a major place for investment in emerging markets. Their bonds as these are denominated in national currencies, like the dollar, can earn much more than the debt of developed countries, he adds. PZU wants to consolidate the asset management market, including in order to can get from UniCredit Pioneer Pekao TFI, Fund managers in the amount of 17 billion UAH. – Too early to say how this consolidation may in practice be carried out, we are still waiting for some departments. I’m happy and that Cezary Iwańskiego (Director General of BPS TFI – ed.), to the management Board of PZU TFI joins Manager who has extensive e xperience in such projects,” says Salad. In the center of the TFI PZU remains Martin Climbed and Piotr Bień.