The aim of this paper is to show present status and perspectives of integration of investment fund market in Poland with European market. In the first part of this article I have carried out legal and economic analysis of historic and present status investment funds market in Europe and in Poland. Then I have analised legal aspects of acting foreign investment funds in our country and domestic funds in European Union. In conclusion I have tried to estimate real chances to appear on Polish market European asset management firms. In my opinion the most important factors, which can accelerate this process, are: enormous potential of Polish investment fund market, biggest demographic nad economic potential of Poland among ten accesion c...