Influence of Financial Crisis on the Future of Collective Investment Sector in the Slovak Republic Cover Image

Vplyv finančnej krízy na budúcnosť odvetvia kolektívneho investovania v Slovenskej republike
Influence of Financial Crisis on the Future of Collective Investment Sector in the Slovak Republic

Author(s): Marian Matušovič, Monika Matušovičová
Subject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: financial crisis; asset management industry; investment products; mutual funds; UCITS; concentration; globalization

Summary/Abstract: The future of collective investment sector in the Slovak Republic is analyzed in the article. In the first part the authors compared selected criteria of the sector from the Slovak Republic, from the Central and Eastern European region, and worldwide, and defined main specifications of the local collective investment market. Next, perspectives of further development of the sector after the crisis is dealt with, mainly from the point of view of expected changes in customer behavior, simplifications of product portfolio, changes in legislation, tightening of regulation, and subsequent changes of business models of the collective investment companies as their reaction on the changes. There are analyzed possible alternatives of the sector development after the implementation of the UCITS IV directive in the year 2011 in Slovakia. The article also includes evaluation of questionnaires related this issues, which were completed by senior managers from asset management companies and banks.

  • Issue Year: 58/2010
  • Issue No: 08
  • Page Range: 769-782
  • Page Count: 14
  • Language: Slovak
Toggle Accessibility Mode