PMR Online access    |   tel. +48 12 340 51 00    |   E-mail:


Franklin Templeton reveals ambitious growth plans in Poland


Franklin Templeton, the leading global investment management group, is eyeing takeover targets among mutual funds in Poland as it seeks to sharply expand the scale of its Polish operations, Puls Biznesu reported. Borno Janekovic, Sales Head, Central and Eastern Europe, said Templeton wanted the value of assets under management in Poland to increase by 40% to hit $1bn (approx. €735m) within the next 12 months, and M&A deals could be one source of growth. The fund is looking at strategic acquisitions that would complement or broaden its existing potential in terms of human resources, brand awareness, or distribution channels, while assets alone are not a factor.

According to Mr. Janekovic, as Polish customers become more sophisticated and demanding and as the country’s banks become more willing to work with foreign fund managers, there is strong growth potential for Templeton in Poland, which is currently strongly dominated by domestic companies. He gives the example of Germany, historically also a tough market for foreign players, where its assets have quadrupled to €20bn in the space of a few years.

Browse and search in our archive »

subscribe to PMR RSS NEWS channelsSubscribe to PMR RSS NEWS channels »

Free monthly e-letter containing latest news, analyses and business information on economic situation in Poland, Russia, Bulgaria, Czech Republic, Hungary, Romania, Slovakia, Ukraine, Kazakhstan.
Relevant news

Useful links         Privacy Policy
Copyright © 2018 PMR. All rights reserved.

PMR is a British-American company providing market information, advice and services to international businesses interested in Central and Eastern Europe as well as other emerging markets. PMR key areas of operation include business publications (through PMR Publications), consultancy (through PMR Consulting) and market research (through PMR Research). With over fourteen years of experience, high international standards in projects and publications, highly skilled multilingual staff and a wide network of co-operating research companies and market experts, PMR is one of the largest companies of its type in the region.