The subsidiary of Parex Asset Management obtains license in Ukraine
Published:
3 November 2004 y., Wednesday
Being the part of the strategy introduced one year ago Parex Asset Management Ukraine — Ukrainian subsidiary of Parex Asset Management — has launched its operations.
On the 12 October 2004 Parex Asset Management Ukraine was issued a license from the State Securities and Capital Markets Commission of Ukraine for investment fund and non-government pension fund management, thus obtaining the permission to start offering asset management service to clients in Ukraine.
“We were intending to offer our Ukrainian and foreign clients investment funds which would invest into shares and bonds of Ukrainian issuers. We consider the Ukrainian market to be interesting both in terms of growth of number of potential clients and in terms of increase in local assets valuations” said Roberts Idelsons, President of Parex Asset Management.
Aija Kļaševa, General Director of Parex Asset Management Ukraine told: “In the beginning we are planning to offer two opened investment funds as well as probably closed real estate fund. There can also be non-government pension fund created in the future. We intend to closely cooperate with local banks in funds distribution as we are not planning to open our offices in any other cities of Ukraine.”
Šaltinis:
parexgroup.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The mission held constructive discussions with Prime Minister Emmanuel Nadingar, Finance Minister Gata Ngoulou, Infrastructure Minister Adoum Younousmi, and other senior officials.
more »
The EBRD is helping to improve the quality of power supply and stimulate renewable sources of energy in the Caucasus with an €80 million sovereign loan to Georgia for the construction of a new high voltage transmission line - the Black Sea High Voltage line, which will interconnect Georgia and Turkey.
more »
The EBRD is helping to improve the infrastructure of the Georgian capital, Tbilisi, with a €100 million loan for the construction of a new railway route bypassing the city.
more »
One of the men considered to be the founding fathers of the euro currency met MEPs on the Foreign Affairs Committee Tuesday (16 March) to talk about transatlantic relations.
more »
European Trade Commissioner Karel De Gucht today opened a conference focused on the European Union's trade policy towards developing countries.
more »
At the beginning of the 2000s, state ownership in financial intermediation in Mexico accounted for about 20 percent of the total credit of the banking system, provided through development financial institutions and funds.
more »
Halving the number of business failures by offering individual support, doubling the number of young people who want to start their own business or raising by 500% the number of enterprising new cooperatives are just some of the projects nominated for the European Enterprise Awards 2010.
more »
The European Commission has published the fourth call for proposals for the creation and upgrade of freight transport services under the second Marco Polo programme.
more »
The European Central Bank (ECB) today announced a programme of technical cooperation with the Central Bank of Bosnia and Herzegovina, in collaboration with a number of euro area national central banks (NCBs).
more »
The EU disbursed today €1 billion to Romania, the second instalment of a €5 billion loan, which was agreed in May 2009 as part of a multilateral financial assistance package.
more »