AIG remains tight-lipped about nature of investments

American financial group AIG plans to establish two new partnerships in Poland, one operating within the asset management sector. "First we have to register the new venture with the courts and then prepare an application with the Securities and Stock Exchange Commission (KPWiG). I think we should be able to reveal more before the end of the year," said AIG investment director Krzysztof Stupnicki. According to unofficial sources, the American company is also planning to set up an investment fund under the name TFI AIG. In this event, it would be possible to transfer insurance capital of Amplico Life AIG to TFI, however Stupnicki refused to comment on the matter. "I would think twice before setting up an investment fund without banking or brokerage networks," said president of CAIB TFI investment fund Grzegorz Swietlik. However, AIG does have both a bank and 3,500 insurance brokers who could distribute the new company's products. In related news, KPWiG should soon receive an offer from CAIB TFI for the takeover of the rivals PBK Atut. The new company may either become a part of the CA IB group, with a supposedly changed profile, or be sold to another player, such as AIG. (Puls Biznesu, pp. 1, 8) M.M.