25th January 2013
Saturday, May 18th, 2013
JP Morgan to partner with Skarbiec TFI
Polish fund management company Skarbiec TFI will create a new umbrella fund that will invest all of its assets into funds managed by JP Morgan Asset Management. JP Morgan has been looking for a Polish partner for 1.5 years. They plan to reach retail customers. The minimal payment amount will be set at zł.1000-2000 level.
It chose Skarbiec because of its large distribution network. The new fund requires approval from the Polish Financial Supervisory Authority. JP Morgan already operates 26 funds in Poland.
From Warsaw Business Journal
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