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Keydata backing Polish privatisations

Keydata is urging IFAs to back privatised Polish companies through an investment scheme which gives customers exposure to privatised firms about to float on the country&#39s stock exchange.

The firm will launch the Polish Privatisation Service in October and says another 16 privatisation opportunities are in the pipeline. The launch coincides with Keydata&#39s new venture capital trust.

Research from Keydata shows that privatised Polish firms have seen a 20 per cent growth on share price between initial offer and opening trading price.

Keydata managing director Stewart Ford says intermediaries are crying out for innovative schemes at a time when investors have been put off by dismal returns from equities.

He says: “There is a risk but this should be a chance for people to get some enjoyment out of their investments. It is a vibrant market that has had great returns and we are confident about it.”

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