Andrzej Bak

Millennium is an active, long-term, growth-oriented manager which invests in global debt and equity across sectors and market-caps with the bulk of their investments in Poland. The firm performs in-house fundamental research, supplemented with external research and company visits to construct diversified portfolios following a bottom-up approach. Their investment committee makes strategic decisions.

Pocztylion Arka is an active, conservative manager which aims to obtain above-average long-term returns while limiting risk. They do not invest in companies engaged in activities such as arms trafficking or environmental destruction. The firm changes their asset allocation based on the results of their analysis of the global macroeconomic situation, the political and demographic situation in the securities market and current and expected interest rates.