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
President of the Republic of Lithuania Dalia Grybauskaitė welcomed the decision taken by the U.S. Government to transport shipments for the international mission in Afghanistan by transit via the Klaipėda Seaport.
more »
EU Solidarity Fund aid to repair storm damage in France and Portugal was approved by the Budgets Committee on Thursday.
more »
The European Investment Bank and the Government of Samoa formally agreed to support the rehabilitation and upgrade of independent water schemes in the Pacific island state under a EUR 250,000 technical assistance programme.
more »
Steps to overhaul the European Union's flagship single market were discussed on Tuesday (9 November) by MEPs and interested parties.
more »
Strategy to secure a sustainable EU energy supply and support economic growth over the next decade.
more »
EU funding to help 850 former workers in the aircraft maintenance industry around Dublin find new jobs was approved by the European Parliament on Thursday.
more »
Saffron farmers in western Afghanistan hope to oust opium as a harvest crop.
more »
The European Commission has approved an application from Poland for assistance from the European Globalisation adjustment Fund (EGF).
more »
New plans for EU industry to create jobs while keeping manufacturing in Europe.
more »
The European Commission has approved two applications from Spain for assistance from the EU Globalisation Adjustment Fund (EGF).
more »