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Characteristics and prospects of development of securitisation investment funds market in Poland

Ekonomia i Prawo. Economics and Law

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Title Statement Characteristics and prospects of development of securitisation investment funds market in Poland
 
Added Entry - Uncontrolled Name Krupa, Dorota; Nicolaus Copernicus University
Buszko, Michał; Nicolaus Copernicus University
 
Uncontrolled Index Term securitisation; securitisation fund; investment fund; alternative investment fund; investment fund company
G17, G23, G28
 
Summary, etc. <p>Motivation: Securitisation investment funds are considered as the most suitable vehicle for the process of securitisation. The paper refers to the issue of establishing, functioning and development of securitisation investment funds in Poland, which are special type of closed-end investment funds managed by investment fund companies (IFC).</p><p>Aim: The aim of the paper is an appraisal of the securitisation investment funds market in Poland with a special attention paid to its evolution and prospects of development. In the paper a securitisation investment fund was presented as a one of the type of investment funds in Poland based on the Polish legislation. We enclose the results of the survey conducted in Poland amongst the mentioned funds and present the appraisal of major stimulants and barriers of development of securitisation and securitisation investment funds market.</p><p>Results: Upon the research we find that despite low level of using of securitisation in the past its perspectives of development are appraised positively by IFCs. Majority of questioned IFCs indicate existence of particular barriers for development of securitisation in Poland. According to IFCs with and without securitisation investment funds, the most problematic areas are: lack of proper regulations and high complexity of the securitisation itself. From the point of view of investment funds industry securitisation is evaluated as of average interest despite funds are leading in development of the considered financial technique in Poland.</p>
 
Publication, Distribution, Etc. Uniwersytet Mikołaja Kopernika w Toruniu
2016-09-30 00:00:00
 
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http://www.apcz.pl/czasopisma/index.php/EiP/article/view/EiP.2016.024
 
Data Source Entry Ekonomia i Prawo. Economics and Law; Vol 15, No 3 (2016)
 
Language Note en
 
Terms Governing Use and Reproduction Note Copyright (c) 2017 Ekonomia i Prawo. Economics and Law