11. Fund Forum Analiz Online

Schedule

Conference start

08:45 - 09:30

Registration and welcome coffee

09:30 - 09:45

Preface and welcome guest

09:45 - 10:00

A view from the plateau. What will the markets surprise us with in 2024?

09:45 - 10:00

A view from the plateau. What will the markets surprise us with in 2024?

James Ashley

Where is the greatest potential for profits? We present possible scenarios for the bond and stock market through the prism of prospects for inflation, GDP, and monetary policy in 2024 and 2025.

10:00 - 10:40

Investment funds riding the wave. How to capitalise on their recent surge in popularity?

10:00 - 10:40

Investment funds riding the wave. How to capitalise on their recent surge in popularity?

Anna Bąkała

Łukasz Kędzior

Rafał Lerski

Rafał Madej

Robert Stanilewicz

Impressive double-digit returns from both stocks and bonds are attracting Poles to invest in mutual funds. Inflation is slowing, the Monetary Policy Council (RPP) has already started cutting interest rates, and... it seems that the worst may already be behind the market. How can we use the current upswing in the fund industry to sustainably build customer relationships and business growth? How can the current economic and macroeconomic conditions be exploited in the role of a financial advisor?

10:40 - 10:55

Market Neutral, the way to make profits under any conditions?

10:40 - 10:55

Market Neutral, the way to make profits under any conditions?

Hiten Savani

The idea of profits in any conditions electrified investors in Poland after the 2008 crisis. What rules must a good market-neutral investment fund meet? What are the minimum requirements to effectively implement this concept and reap profits with limited risk? Can there be a place for ESG factors and AI mechanisms in the modern investment process?

10:55 - 11:45

Think alternatively. And if not stocks or bonds, then what?

10:55 - 11:45

Think alternatively. And if not stocks or bonds, then what?

Dominik Bekkewold

Rafał Lis

Tomasz Korab

Radosław Sosna

Tomasz Tarczyński

Michał Duniec

Inflation will remain elevated for a longer period, while negative interest rates have become an artifact of the past. The markets will exhibit high volatility, thus creating a more favourable atmosphere for active management. It may also turn out that alternative investments or those in private markets (such as real estate, receivables, private debt, private equity, etc.) will offer higher returns than those in the public markets (stocks and bonds). How can we think alternatively and reap tangible benefits from it? A practitioners' discussion.

11:45 - 12:15

Coffee break

12:15 - 12:30

AI innovation is here to stay - With the potential to disrupt every industry?

12:15 - 12:30

AI innovation is here to stay - With the potential to disrupt every industry?

Johannes Jacobi

When last fall, ChatGPT made a sensational entrance into the Internet, tech giants began to incorporate artificial intelligence-based features into their services. A year later, the critical question remains: how to identify companies that are properly developing and fully utilizing the area of artificial intelligence? In which companies is AI merely a marketing ploy? Is AI now a crucial part of the strategy? Is the tech business anticipating another wave of growth, and do small companies stand a chance in the global technology race? Everything about investing in AI companies from the perspective of the managers at Allianz, who have been familiar with this world since 2016.

12:30 - 13:10

Will polish small and medium-sized companies overcome AI? Where to look for alpha?

12:30 - 13:10

Will polish small and medium-sized companies overcome AI? Where to look for alpha?

Sebastian Buczek

Marek Kaźmierczak

Jakub Płotka

Łukasz Siwek

Robert Stanilewicz

Over the past year, the small-cap companies from the Warsaw Stock Exchange have been among the fastest-growing segments of the global stock market. Does the Polish investor finally have a chance to make profits on the Polish stock exchange? Is the strong role of SMEs on the WSE a lasting trend, and how do the managers from our mutual funds view this market segment? The real creators of ALPHA - the managers who have proven their advantage in selecting companies on the WSE in recent years - will be discussing these issues.

13:10 - 13:30

Playing the rates

13:10 - 13:30

Playing the rates

Magdalena Polan

Karolina Hytrek-Prosiecka

Just after the interest rates cut in Poland. Almost three months after - presumably - the last rate hike in the US. About whether the world has managed to deal with inflation for good, or not. What's happening in the world's largest economies? Are we facing a time of growth, stagnation, or perhaps a recession? Special cases, such as living and investing with Turkish-style inflation. The landscape of Emerging Markets. Interesting cases from the region and the world.

13:30 - 14:10

Not just bonds. About practical ways of taming risk

13:30 - 14:10

Not just bonds. About practical ways of taming risk

Arkadiusz Mastalerek

Michał Stanek

Zbigniew Wójtowicz

Tomasz Wronka

Małgorzata Anczewska

The structure of the domestic fund market is overly skewed towards bond funds. Can this be changed, and how to converse with clients, so they see their opportunities on the side of slightly greater risk? What methods and tools should be used to build a perspective for 40/60 strategies, life cycle strategies, equity funds, or alternative asset classes? Can an advisor influence the clients' attitude towards risk?

14:10 - 15:10

Lunch

15:10 - 15:35

ESG Funds - Global Trends, Challenges, and Benefits for Investors

15:10 - 15:35

ESG Funds - Global Trends, Challenges, and Benefits for Investors

Piotr Dmuchowski

Krzysztof Kamiński

Karolina Hytrek-Prosiecka

ESG has become one of the most crucial pillars of investment approaches today. How can investors make their portfolios more sustainable and socially responsible? Is it possible to invest according to ESG principles and still generate alpha? Does investing in sustainable assets prove advantageous in the longer term? Which funds are authentically green, and what kinds of assets can be found in their portfolios? And finally, do ESG investments genuinely contribute to positive changes in the world? Karolina Hytrek-Prosiecka will discuss these topics with Piotr Dmuchowski, Vice President of the Management Board of TFI PZU and Krzysztof Kamiński, Member of the Management Board of Millennium TFI.

15:35 - 15:50

Traditional Funds versus ETFs: Where do they continue to dominate?

15:35 - 15:50

Traditional Funds versus ETFs: Where do they continue to dominate?

Michał Duniec

ETFs are gaining followers in Poland, undoubtedly due to their many benefits. However, they aren't the answer to every investment need. There are areas of the market where foreign ETFs are hard to come by. Here, we present those asset classes and investment strategies where it still pays to rely solely on traditional funds. In which areas, and for what reasons, do investment funds still hold an edge over foreign ETFs? We debunk myths and present the facts.

15:50 - 16:30

Analizy Live even more live. Market scenarios for 2024

15:50 - 16:30

Analizy Live even more live. Market scenarios for 2024

Rafał Bogusławski

Mariusz Jagodziński

Bartosz Pawłowski

Magdalena Polan

Kamil Sobolewski

Robert Stanilewicz

A unique gathering of regular commentators of the Analizy LIVE channel! For the first time together, in one place and at the same time, on one stage, and in front of the same audience! They regularly share their knowledge and views on markets and investments on the Analizy LIVE channel at 8.45, and at the end of the Fund Forum 11 conference, they will have the opportunity to discuss with each other market scenarios for 2024 and answer questions asked directly from the floor. Traditionally, questions from Internet users will also appear, because as the only part of Fund Forum 11, the ANALIZY LIVE EVEN MORE LIVE panel will be broadcast on our YouTube channel.

Conference end

Speakers

Małgorzata Anczewska

EFPA Polska

James Ashley

Goldman Sachs Asset Management

Anna Bąkała

TFI Allianz Polska

Dominik Bekkewold

Fidelity International

Rafał Bogusławski

Analizy Online

Sebastian Buczek

Quercus TFI

Piotr Dmuchowski

TFI PZU

Michał Duniec

Analizy Online

Karolina Hytrek-Prosiecka

gazeta.pl

Johannes Jacobi

Allianz Global Investors

Mariusz Jagodziński

Mount TFI

Krzysztof Kamiński

Millennium TFI

Marek Kaźmierczak

VIG / C-QUADRAT TFI

Łukasz Kędzior

Pekao TFI

Tomasz Korab

EQUES Investment TFI

Rafał Lerski

BNP Paribas TFI

Rafał Lis

CVI Dom Maklerski

Rafał Madej

PKO TFI

Arkadiusz Mastalerek

DI Xelion

Bartosz Pawłowski

mTFI

Jakub Płotka

Santander TFI

Magdalena Polan

PGIM Fixed Income

Hiten Savani

Fidelity International

Łukasz Siwek

Skarbiec TFI

Kamil Sobolewski

Pracodawcy RP

Radosław Sosna

Goldman Sachs TFI

Michał Stanek

Q Value

Robert Stanilewicz

Analizy Online

Tomasz Tarczyński

Opoka TFI

Zbigniew Wójtowicz

Investors TFI

Tomasz Wronka

Michael / Ström Dom Maklerski

Małgorzata Anczewska

Vice-President | EFPA Polska

A graduate of the Faculty of Management at the University of Warsaw and Postgraduate Studies Master Class of Management, Psychology in Management at SWPS.

For over 20 years, Małgorzata has been professionally involved in banking, on managerial positions in the largest Polish banks, in the area of private banking and wealth management. Since 2019, she has been associated with the independent investment advisory company iWealth Management, since 2022 as a member of the Management Board of the Company. In 2009-2018, Director of the Private Banking Department at mBank and President of the Management Board of mWealth Management. As the President of mWealth Management, in 2010 she introduced a pioneering investment advisory service on the Polish market. In the years 2003 - 2009 Director of the Private Banking Department at Raiffeisen Bank. In 2001-2003, he was the Director of the Private and Personal Banking Department at BPH PBK. In 1999-2001, he was the Managing Director of the Retail Banking Division at PKO BP.

James Ashley

Managing Director | Goldman Sachs Asset Management

James is a managing director in the Client Solutions Group within Goldman Sachs Asset Management. He leads the International Strategic Advisory Solutions team, which provides clients across EMEA and Asia Pacific with expertise on market trends, portfolio construction and innovative business practices. James joined Goldman Sachs in 2015 as an executive director and was named managing director in 2021.

James began his career at the Bank of England before moving into the private sector. Prior to joining the firm, he was chief European economist at the Royal Bank of Canada. He has more than two decades of cumulative experience, working across buy-side, sell-side and policy-making institutions.

James earned a BA in Economics from Durham University in 1999, an MSc from University College London in 2002 and an MA in International Relations from King’s College London in 2023.

Anna Bąkała

Member of the Management Board | TFI Allianz Polska

A graduate of the Foreign Trade Department of the Warsaw School of Economics (SGH) and postgraduate studies at the Kozminski University. He has 25 years of experience in capital market institutions, of which 20 years in investment fund companies.

She started her professional career in the Brokerage Office of Bank Gospodarstwa Krajowego. Then, in the years 1999-2001, she worked at PTE BIG Bank Gdański. From 2001 to 2008 she was employed at PKO TFI, initially as Sales Manager, and then as Institutional Clients Director. In 2008-2010 she worked at BRE Wealth Management as Director of the Customer Relationship Management Department.

Since 2010, she has been working at Allianz Polska Group as the Director of the Sales and Marketing Department, and on 1 January 2016 appointed for the position of Member of the Management Board of TFI Allianz Polska SA.

Dominik Bekkewold

Director of Sales | Fidelity International

Director of Sales, Fidelity International Representation in Poland. Working at Fidelity's Warsaw office since 2011, responsible for developing operations and distribution of Fidelity Funds in Poland, among others. With over 16 years of experience in the financial services industry, he began his career at Fidelity International in 2008 at the London office, serving as an Investment Fund Analyst. Prior to joining Fidelity, he worked as a Financial Analyst at Ancoria Insurance Ltd. in Cyprus from 2006 to 2008. He started his career as a Deputy Investment Advisor at Meritus Capital Stockholm AB in Sweden in 2005. He holds a license as an Asset Allocation Advisor from Sweden and has a master's degree in economics from the University of Skövde.

Rafał Bogusławski

Chief strategist | Analizy Online

Graduate of the Warsaw School of Economics with a specialization in Production Economics. Completed an MBA program at the Warsaw School of Entrepreneurship and Management (currently known as the Leon Koźmiński Academy). Holds a license as a securities broker.

He began his professional career at Commercial Union, initially as an analyst and later as a market equity strategist. From 2003 to 2009, he served on the supervisory boards of Cersanit SA, Grajewo SA, Zelmer SA, Synthos SA, and Poligrafia S.A. He worked at BZ WBK Brokerage as a financial market analyst, where he was responsible for preparing analyses and recommendations related to currency and equity markets. Since 2013, he has been employed at Amundi Polska TFI S.A. as a fund/strategy manager. Since 2019, he has been working at Analizy Online as the Director of Strategy and Development of Savings Products.

His main areas of professional interest include investment psychology, macroeconomics, and investment strategies. His professional experience encompasses creating macroeconomic scenarios and investment strategies based on these scenarios, as well as managing equity, bond, mixed, and multi-asset portfolios.

Sebastian Buczek

CEO | Quercus TFI

Sebastian Buczek graduated from the Warsaw School of Economics, he has PhD and post-PhD degree in economics.
Between 1997-2018 he was employed in the Warsaw School of Economics, in years of 2009-2018 as Professor of Economics.
He is licensed investment advisor and securities broker.
From 1996 to 2007 he worked for ING Group in Poland. In 1999 he became Member of the Management Board of ING TFI S.A., in 2002 Deputy CEO of ING Investment Management (Polska) S.A. and ING TFI S.A., in 2006 CEO of ING Investment Management (Polska) S.A. and ING TFI S.A.
He has been the founder, the key shareholder, CEO and CIO of Quercus TFI S.A. since August 2007.
In 2020 and 2021 QUERCUS Aggressive Fund, managed by S. Buczek, was the best Polish equity fund with net returns of +30.8% and +41.1% (vs WIG benchmark of -1,4% and +24,4%) and awarded by Analizy.pl and Gazeta Gieldy Parkiet.
Since 2011 S. Buczek has been Member of the Supervisory Board of Navigator Capital S.A. and since November 2021 Chairman of the Supervisory Board of DI Xelion sp. z o.o.
S. Buczek is Honorary Citizen of Jedlina-Zdroj, his hometown.

Piotr Dmuchowski

Vice President of the Management Board | TFI PZU

He is a graduate of the Faculty of International Relations with a specialization in International Finance of the Warsaw School of Economics and a graduate of the Heriot-Watt University in Edinburgh with a specialization in Economics and Marketing. He completed post-graduate studies at the University of Oxford in investment in private markets and post-graduate studies at the University of Cambridge in the field of Sustainable Management. He gained professional experience related to the financial market at HSBC Polska, where in 2008-2012 he worked as a Dealer and Senior Dealer for Institutional Clients, then in 2013-2020 he was the Director for Cooperation with institutional clients of this Bank, and in 2020- In 2022, he was the Managing Director of the Financial Markets Division of HSBC Polska. In the years 2020-2022, he also served as the Treasurer of HSBC and was a member of the Management Committee of HSBC Polska, i.e. the highest body of this bank in Poland. He was responsible, inter alia, for managing the bank's balance sheet and liquidity, including managing the investment portfolio of HSBC Polska's debt instruments. He is a co-author of a scientific publication in the field of Sustainable Finance published in a peer-reviewed scientific journal (impact factor> 9) and two other articles (currently in the process of publication).

Michał Duniec

CEO | Analizy Online

He is licensed securities broker (no. 2868). He holds a degree from Faculty of Management, University of Warsaw, as well as Vlekho Business School in Brussels. He also completed managerial program at ICAN Institute (Harvard Business Review). His professional career in capital market began in 2006, first at Bank Zachodni WBK and then at Investment Fund Managers.

In 2007 he joined the Analizy Online, where he worked firstly as analyst, senior analyst, and then as director of the analysis department. Since 2014 he has acted as the CEO of Analizy Online, where he is responsible for the area of analysis, sales and marketing. He is also the Chairman of the Supervisory Board of the KupFundusz SA. (subsidiary company).

Originator of Best Practices on the Polish investment fund market. He is also experienced trainer in the field of sales and speaker at financial conferences.

Karolina Hytrek-Prosiecka

Journalist | gazeta.pl

A journalist specializing in economic and political topics, associated with TVN television for over 10 years. She co-created and hosted live programs dedicated to economics and geopolitics, with a particular focus on European Union issues, and regularly prepared materials for the main edition of TVN's "Fakty" news program. She was also a news reporter for the Polish branch of the world's largest economic channel, CNBC. Currently, she is the host of the "Poranna rozmowa" (Morning Conversation) on the gazeta.pl portal.

For several years, she worked outside active journalism and was responsible for communications in the largest company in Poland organizing professional football competitions. The team she led received the first-ever Business of Sports Award for dynamically managed social media. She also managed one of the largest healthcare news portals. Today, she works as a business communication consultant and a trainer in effective communication. She is a member of the jury for the nationwide "Podcast of the Year" competition.

She was a fellow of the U.S. Department of State in a prestigious program for entrepreneurial women.

She worked on projects related to the communication of women's sports as part of a media working group for the Women's Sports Commission in the Polish Olympic Committee (PKOL). Until December 2021, she was the Vice President of the Warsaw-based American football team, the Warsaw Mets. She is a licensed football coach.

She was nominated for the MediaTory Student Award in the TORpeda category. She is a graduate of the Faculty of Law at Jagiellonian University and the University of Orleans. A native of Silesia. Offline only when sleeping. Regardless of career changes, she has an ongoing case of FOMO (Fear of Missing Out).

Johannes Jacobi

Director, Senior Product Specialist | Allianz Global Investors

Johannes Jacobi works as a Product Specialist covering the fundamental equity products of Allianz Global Investors. Before joining the Product Specialist team in 2017, he worked as a Senior Research Analyst on the Allianz Global Investors research platform, where he was a member of the Grassroots Research team. His responsibility was to ensure that the team’s research met the needs of the European investment platform. He was also involved in marketing and client-related meetings. Johannes has 14 years of investment-industry experience. He previously worked in private wealth management at Deutsche Bank and in risk-managed products at UBS. He has a master’s degree in economics from Nuertingen University and did coursework at Manchester Metropolitan University, United Kingdom. He holds the DVFA/Certified European Financial Analyst designation.

Mariusz Jagodziński

Member of the Board | Mount TFI

Licensed Investment Advisor, license number: 101, securities broker, license number: 1117. From 1994 to 2002, he was employed as a securities analyst at the Brokerage Office of Bank Gdański, Deputy Director of the Capital Market Transactions Department at Bank Gdański, and Director at the Asset Management Office of Kredyt Bank's Brokerage Office. From 2001 to 2005, he served as the Director of the Transactions and Investment Management Division at TP Invest Sp. z o.o. In the following years, he engaged in private business activities, providing business and financial advisory services, mainly in the areas of capital acquisition and M&A transactions. In the years 2016-2023 he was associated with AgioFunds TFI S.A. as Investment Management Advisor. In September 2023, he joined the management board of Mount TFI.

Krzysztof Kamiński

Member of the Management Board | Millennium TFI

Financial industry expert with many years of experience in the areas of capital markets, mutual funds and asset management. Member of the CFA Institute since 2009, holder of the CFA Charterholder title since 2012. Licensed investment advisor (No. 819). Holder of the CFA Certificate in ESG Investing since 2022.

Between 2007 and 2013 was employed in HSBC Global Asset Management developing the distribution of HSBC's global investment funds in Poland. Since 2013, has served as a Member of the Board of Directors of Millennium TFI S.A., overseeing, among other things, the areas of asset management, sales, marketing and communications and being responsible for the strategic projects of the Society. Since 2022 Member of the Council of the Chamber of Fund and Asset Managers (IZFiA). Since 2023 Chairman of the ESG Committee of the CFA Society Poland.

Experienced lecturer in areas with investment topics, including ESG issues. Lecturer at postgraduate studies at Kozminski University - Sustainable Finance and ESG and lecturer at EFPA ESG certificate preparation courses for the Warsaw Institute of Banking in 2022-23.

Marek Kaźmierczak

Senior Fund Manager | VIG / C-QUADRAT TFI

A graduate of the University of Łódź and the University of Huddersfield. Worked with the capital market since 2008. Analyst and equity fund manager at Aviva Investors Poland TFI (2011-2021). The funds managed or co-managed by him were nominated twice for the ALFA award by Analizy Online (2019 and 2020) and once for the prestigious "Golden Portfolio" award of the Parkiet newspaper (2019). Currently, as Senior Fund Manager, he is responsible for equity products and strategies at VIG /C-QUADRAT TFI S.A.

Łukasz Kędzior

President of the Management Board | Pekao TFI

President of the Management Board of Pekao Towarzystwo Funduszy Inwestycyjnych S.A., responsible for the Management Division, Financial Division, and Sales and Marketing Division.

Łukasz Kędzior has been involved in the financial market for over 17 years. He is one of the best managers in the investment fund market, a high-class expert with extensive experience in the sales of investment products.

Since 2017, for nearly four years, he served as the Managing Director at TFI PZU S.A. In this position, he was responsible for the sale of investment products and the creation and implementation of the company's strategic goals. Previously, from 2014 to 2017, he was a member of the management board at Skarbiec TFI, where he was responsible for sales, sales support, and marketing. From January 2012 to June 2014, he was the Director of Sales at TFI PZU. His main task was to establish external sales channels, primarily through cooperation with banks and brokerage houses, and to oversee all sales activities. In 2011-2012, he was the Director of the Prestigious Client Department at Skarbiec TFI. He also previously worked at Pioneer Pekao TFI as the Director of Key Clients and began his career at Centralny Dom Maklerski Pekao S.A.

Member of the Board of Directors of the Chamber of Fund and Asset Managers.

He is a graduate of the Academy of Economics in Krakow, where he obtained a Master's degree in Management and Marketing, specializing in Accounting. He is also a graduate of doctoral studies.

In addition, he completed postgraduate studies at the National Louis University Graduate School of Business in the field of company management. He holds an MBA with a specialization in International Finance and International Marketing from the Warsaw School of Economics and Erasmus University Rotterdam.

Tomasz Korab

President of the Board | EQUES Investment TFI

26 years of experience in the capital market. Holds an investment advisor license No. 167 and a stockbroker license No. 1581. He graduated from the Finance and Banking Department of the Warsaw School of Economics.

He began his professional career in 1997 as a stockbroker in Bank Handlowy w Warszawie SA. Next, he was responsible for the overall customer relationship of CAIB Investment Management SA, including consulting services on selection and changes of the Customers' investment strategies. In the years 2001-2003, he was an Investment Advisor and Deputy Portfolio Management Director in BRE Asset Management SA, responsible for stock and balanced portfolios. From 2004, a Member of the Management Board and then Vice-President of the Management Board of Opera TFI SA. In the years 2007-2010, General Partner of OPERA-Kwiatkowski i Wspólnicy SKA - a company managing portfolios of investment funds and individual portfolios of Customers. In EQUES Investment TFI SA since November 2011. Chairman of the Supervisory Board of CERES Dom Inwestycyjny SA since April 2020.

Rafał Lerski

Board Member | BNP Paribas TFI

Rafał Lerski is a graduate of SGH in Warsaw. He holds the following licenses: Investment Advisor License No. 109, Securities Broker License No. 628, and the Chartered Financial Analyst (CFA) certificate. He also possesses international certifications in financial risk management: Professional Risk Manager (PRM) and Financial Risk Manager (FRM). Additionally, he has experience in asset management, investment advisory, financial market analysis, and financial risk management.
He has been involved in the financial market since 1994, starting as a broker at BPH Brokerage Office, where he later held the position of senior equity dealer. He gained further experience as the Head of Financial Risk Department at Bank BPS, as an investment advisor at CDM Pekao, responsible for financial market analysis, at Expander as the Director of Analysis and Communications Department, at PTE Skarbiec-Emerytura as a fund manager, and at BM PKO BP as the Head of Portfolio Management Department. He also worked at Qatar National Bank as a fund manager, co-managing the BRICQ fund. Since 2013, he has been associated with the BNP Paribas Group.

Rafał Lis

Managing Partner | CVI Dom Maklerski

28 years in capital markets. Experienced in investment management companies including Legg Mason Investments Asia, Citibank Korea, Citigroup Asset Management, Bank Handlowy w Warszawie and Opera TFI. Currently Managing Partner in CVI Dom Maklerski responsible for managing portfolios of investment funds focused on private debt strategies and AUM of 4.7bn PLN.

Rafał Madej

President of the Management Board | PKO TFI

Rafał Madej is a manager with 27 years of experience in the banking and investment sector. He has previously served as the Director of the Investment Products Department and Director of the Private Banking Center at PKO Bank Polski, where he managed the private banking branch network and the offering of deposit, insurance, and investment products. He developed and implemented the Bank's strategy in the savings and investment area and advisory model. Prior to that, Rafał Madej was the Director of the Key Client Department at PKO TFI S.A. Throughout his professional career in the financial sector, he has developed and implemented strategies in the savings and investment area, built advisory competencies in the distribution network, developed product offerings, managed sales and marketing activities, and collaborated with institutional clients.

He is a lawyer by education and holds an MBA degree in management as well as postgraduate studies in "Investment Academy - School of Business" at the Warsaw University of Technology.

Arkadiusz Mastalerek

Member of the Board responsible for Sales Network | DI Xelion

Arkadiusz Mastalerek - He is a graduate of Business Management at the Faculty of Management and Marketing at the Poznań University of Economics and of the Academy of Leadership Psychology. He is also graduate of Postgraduate Studies in Capital Investments at the Poznań School of Banking. He graduated with honors from the Executive MBA studies at the Faculty of Management at the University of Warsaw. Member of the Warsaw-Illinois Executive MBA Alumni Association and Executive MBA@UW "New World". He has more than 25 years of experience working in the capital market. He started his professional career in 1998 at Centralne Biuro Maklerskie WBK S.A.. From 2000 to 2004, he worked in the Own Investment Team in the Capital Markets Department of Bank Zachodni WBK. He held the position of Marketing Manager at NCC Roads Poland for over 4 years. In the following years, he was again associated with BZ WBK Brokerage S.A., where he was responsible for a wide sales network, teams specialized in servicing affluent clients, as well as the Contact Center team and the Sales Network Support Team. In September 2012, he joined to Dom Inwestycyjny Xelion where he is responsible for managing the Sales Network. He was appointed to the Board of DI Xelion in February 2013.

Bartosz Pawłowski

Vice President, CIO | mTFI

Bartosz Pawłowski, CFA, is the Vice President and Chief Investment Officer at mTFI, which is a part of the mBank group. In his role, he focuses on the optimal construction of global investment portfolios. From 2016 to 2022, he served as the Chief Investment Officer in mBank's Private Banking division, where he was responsible for asset management and investment advisory services. Previously, he spent 10 years in London, working as the Head of Emerging Markets Strategy at BNP Paribas, and also as a portfolio manager at the global macro hedge fund Finisterre Capital. Bartosz began his career as an economist at ING Bank Śląski. He is a graduate of the Warsaw School of Economics and holds the CFA designation. Additionally, he completed the High Performance Leadership program organized by IMD in Lausanne. Since 2020, he has been a member of the CFA Society Poland board, actively engaging in networking projects, ESG/DEI initiatives, training programs, and market research.

Jakub Płotka

Fund Manager | Santander TFI

Graduate of the Department of Management and Marketing of the Poznań University of Economics. Majors: Capital investments and corporate finance strategies. He started his professional career in October 2009 in the Audit Department of Grant Thornton sp. z o.o. sp. k. Joined the company in February 2011, initially as an analyst and a junior manager and currently as a fund manager. Holder of the prestigious Chartered Financial Analyst (CFA) designation. Winner of the Alfa 2015 award for the best stable growth fund.

Magdalena Polan

Head of Emerging Markets Macro Research | PGIM Fixed Income

Magdalena Polan is a Principal, Head of EM Macroeconomic Research for PGIM Fixed Income, an arm of PGIM, a global investment firm with $1.27trn total assets under management. She is based in London and works closely with EM portfolio managers and the broader PGIM teams. Prior to joining the Firm in 2021, Ms. Polan served as Global Emerging Market Economist for Legal & General Investment Management.

Prior to that she worked at Goldman Sachs and the IMF in Washington DC, where she reviewed IMF programs and policies for EM economies during the global financial crisis and worked on issues related to public debt and financial markets.

Hiten Savani

Portfolio Manager | Fidelity International

Hiten Savani has been working in the investment management world since 2003 and has been closely associated with Fidelity’s range of research-driven equity strategies since 2010 when he joined the company. In his role as Investment Director, Hiten was involved with the FIRST strategy’s evolution, including the development of the FIRST global strategies, which were launched in 2013.

He was also involved in institutional product strategy and development. He became Portfolio Manager in 2013. Previously Hiten was a member of the Portfolio Strategy group at Goldman Sachs where he carried out research and authored papers on a broad range of subjects from views on sector and thematic investing to risk appetite and style rotation within European equities.

Hiten has also worked in Africa with the United Nations and the World Bank, as well as other organizations on matters of Financial Sector Development. He holds a Master of Physics degree from the University of Oxford and an MSc degree in Financial Economics from the University of London.

Łukasz Siwek

Portfolio Manager | Skarbiec TFI

A graduate of the AGH University of Science and Technology Stanisław Staszic in Krakow in the field of technical physics. He holds an investment advisor license and a securities broker license. He started his career on the financial market in 2011 as a Financial Analyst and Broker at Navigator Capital S.A. and Navigator Capital Dom Maklerski. Then, in 2012-2013, he worked as a Securities Analyst at Millennium Dom Maklerski. In 2014, as a Corporate Bonds Analyst at NWAI Brokerage House. From 2015 to February 2022, he worked at MetLife TFI. Initially as an Equity Analyst, and from April 2016 as Equity Portfolio Manager. Since March 2022, he has been employed at Skarbiec TFI as a Equity Portfolio Manager.

Kamil Sobolewski

Chief Economist | Pracodawcy RP

Chief Economist at Employers of Poland, the largest and the oldest employers’ organization in Poland – established in 1989, we represent 19 thousand companies with over 5 million employees. 85 percent of our members are privately-owned. Kamil is a former professional investor with experience in banks and funds, managing multiple asset classes such as fixed income, commodity, public and private equity, for international brands such as Union Investment, Citibank, Nationale-Nederlanden or Polish institutions including PKO BP. Assets managed topped USD 10 billion, which is largest in Polish fund industry. Passed CFA examinations, holds Financial Risk Manager Charter from Global Association of Risk Professionals, has strong academic background in economy, finance, sociology, including PhD studies at Polish Academy of Sciences. Also worked for international and large Polish nonfinancial corporations dealing with finance, strategy and capital group management. Member of multiple strategic and advisory boards, actively involved in media communication and social dialogue in Poland. Member of The Association of Independent Non-Executive Directors.

Radosław Sosna

Executive Director, Sales, Marketing and Products Department | Goldman Sachs TFI

Radosław joined Goldman Sachs TFI S.A. in 2010. He leads the Sales, Products and Custom-er Experience Department developing strategic business activities and looking for new solu-tions for clients.

He worked in various positions across the organization - Market Analysis Specialist, Product Manager and Fund Manager in the Investment Department. As fan of observing market trends, Radosław is especially interested in the development of multi-asset funds and respon-sible investments in the spirit of ESG.

Radosław is a graduate of the Warsaw School of Economics in the fields of: Quantitative Methods in Economics and Information Systems as well as Finance and Accounting. He holds a securities broker license No. 2367 and international certificates: Chartered Financial Analyst (CFA) and Chartered Alternative Investment Analyst (CAIA). He is also a participant of the Advanced Asset Management Programme organized by INSEAD.

Michał Stanek

Chairman of the Board | Q Value

Chairman of the Management Board of Q Value S.A. and Vice President of Crowdway. Since 1999, he has been involved in the Polish investment market. He began his career in renowned insurance companies, investment funds, a general pension company, and in the Private Banking and Wealth Management departments of global commercial banks. He is a traveler, photography enthusiast, trainer, lecturer, and author of numerous publications in industry press.

Robert Stanilewicz

Media Development Director | Analizy Online

Economic journalist. He worked for several years in the TVN group news programs. Economic editor of TVN24, TVN CNBC, TVN24 BIS. Author and host of programs on economy and international affairs. In the media since the mid-nineties. He has conducted thousands of interviews with people related to the financial market, economy and politics.

In 2004 - 2011 TVN24 broadcast his original program on personal finance "Portfolio". He is a double laureate of Władysław Grabski's Award by the National Bank of Poland. Apart from that he is a laureate of Marian Krzak’s Award by the Association of Polish Banks and "Libertas at auxilium" awarded by the Office of Competition and Consumer Protection. Currently, director of Media Development at Analizy Online.

Tomasz Tarczyński

CEO | Opoka TFI

Since 2007, he has been responsible for the company's strategy. He has over twenty years of experience in the capital market. He is passionate about investments and strives to share his knowledge with others. His inspiration comes from Peter Lynch's book "One Up on Wall Street" and the people he works with on a daily basis.

Zbigniew Wójtowicz

President | Investors TFI

Doctor of Economics. Graduate of the Wrocław University of Economics and the Internationales Hochschulinstitut in Zittau (Germany). Holds a license as a Securities Broker and an Investment Advisor. Since May 1, 2012, he has been the President of the Management Board of Investors TFI S.A. On January 1, 2008, he was appointed Vice President of the Management Board of DWS Polska TFI S.A. (currently Investors TFI S.A.), responsible for sales and marketing. From September 1, 2005, to December 31, 2007, he served as the Head of the Individual Portfolio Section. Since July 2004, he has been employed at DWS Polska TFI S.A. in a fund management position. From 2002 to 2004, he managed funds and portfolios for private clients at Millennium Dom Maklerski S.A.

Tomasz Wronka

Fund Manager | Michael / Ström Dom Maklerski

A graduate of the Warsaw School of Economics in the field of Finance and Banking. He has nearly 20 years of experience in the financial market, of which 14 years in operational positions directly related to asset management in brokerage houses and investment funds. He specializes in investments in the interest rate, bond and commodity markets, as well as multi-asset and absolute return strategies. For many years he was responsible, among others for managing portfolios of funds and the so-called funds of funds, achieving leading investment results compared to competing products.

Fund Forum 11

The largest conference in investment industry in Poland

October 3rd, 2023 / Warsaw / Crowne Plaza

Buy ticket

Conference

Fund Forum Analiz Online

Wide audience

Source of knowledge

Schedule

Speakers

Małgorzata Anczewska

James Ashley

Anna Bąkała

Dominik Bekkewold

Rafał Bogusławski

Sebastian Buczek

Piotr Dmuchowski

Michał Duniec

Karolina Hytrek-Prosiecka

Johannes Jacobi

Mariusz Jagodziński

Krzysztof Kamiński

Marek Kaźmierczak

Łukasz Kędzior

Tomasz Korab

Rafał Lerski

Rafał Lis

Rafał Madej

Arkadiusz Mastalerek

Bartosz Pawłowski

Jakub Płotka

Magdalena Polan

Hiten Savani

Łukasz Siwek

Kamil Sobolewski

Radosław Sosna

Michał Stanek

Robert Stanilewicz

Tomasz Tarczyński

Zbigniew Wójtowicz

Tomasz Wronka

Partners

Fidelity International

TFI Allianz

Goldman Sachs TFI