In recent years the investment management industry in the Czech Republic has developed dynamically with the continuously increasing confidence of Czech investors in investment products. After the EU accession the supply of investment products offered by international players has enlarged the existing product offering considerably, which is particularly true for the mutual fund business. While sizeable volumes of investments have been channelled to both discretionary and advisory asset management providers, another boost for the pension fund management business is expected to be coming with the launch of contemplated pension reform.
Industry issues
- High concentration of the local asset management market
- Distribution of foreign funds
- Harmonisation of performance management and reporting activities as a result of EU accession
- New legislation regulating asset management activities and capital market framework
- Stronger supervision power of the Securities Commission
- Self-regulation efforts through UNIS/AKAT
Industry-specific services
- Strategy development advice with regards to products, segmentation, distribution, corporate governance, etc.
- Assistance in complying with recognised investment management standards
- Independent third-party testing of the compliance with performance management standards
- Sarbanes-Oxley consulting
- Development of tax-efficient retail and commercial products
(eg. cash pooling, financial derivatives) and financial arrangements (eg. leasing, factoring)
- Tax and legal reviews of financial instruments (e.g. derivatives, hedging, syndicated loans, securities and life insurance products)
Brochure
Online resources
