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AMC ART-CAPITAL Management to Increase Assets Under Management to USD 1billion Within Three Years
Kyiv, January 30, 2008. Asset Management Company ART-CAPITAL Management is planning to increase assets under management to USD 1 billion during the three years immediately ahead.
Mr. Viacheslav Maslennikov, Asset Management Director at AMC ART-CAPITAL Management, declared: “We have all necessary prerequisites for achieving our objectives. In 2007, the investment funds under management of our Company showed good results – net asset value in the four public investment funds increased 5,4 times. Total net assets managed by AMC ART-CAPITAL reached UAH 300 million. In the year 2008, the Company plans to launch several investment funds, including an open-ended fund, and to establish a non-governmental pension fund. In addition, AMC ART-CAPITAL Management will complement its existing offerings by introducing a particularly new wealth management service. Besides, the development of the Company’s regional representative offices network will be finalized in 2008”.
› Asset Management Company ART-CAPITAL Management, LLC was founded in 2005; it operates on the market as a part of ART-CAPITAL Investment Group. Currently AMC ART-CAPITAL manages six investment funds. The Company launched a range of public investment funds targeting investors with diverse investment goals: “Alternative” Equity Fund, “Parity” Balanced Fund, “First Real Estate Investment Fund” and “AntiBank” Dividend Fund.
Since the beginning of 2007 the Company has been actively developing a wide network of regional agents. Today the network includes securities dealers in Lviv, Khmelnytsky, Kharkiv, Zaporizhzhya, Dnipropetrovs'k, Mykolaiv, Uzhhorod, Vinnytsya, Ternopil and Ivano-Frankivsk. In December 2007 the Company opened its representative office in Karkiv. In the near future the Company representative offices will be opened in Donetsk, Dnipropetrovs'k, Lviv and Odesa.
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| Index |
Value |
Change, % |
| PFTS |
303,32 |
-1,27 |
| ARTCP-40 |
74,00 |
-1,33 |
| RTS |
631,89 |
+1,03 |
| S&P 500 |
927,45 |
-0,47 |
| DAX |
5 026,31 |
+0,85 |
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| Fund |
Price |
Change, % |
| RealEstate |
15 459,70 |
-0,21 |
| Alternative |
1 132,76 |
-1,43 |
| Parity |
1 194,39 |
-1,59 |
| AntiBank |
967,10 |
-0,55 |
| Asset |
102,21 |
+0,47 |
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| TICKER |
Value |
Change, % |
| STIR |
33,6000 |
+11,63 |
| SVGZ |
1,3000 |
+4,00 |
| MSICH |
380,0000 |
-5,00 |
| BAVL |
0,2250 |
-8,16 |
| KREN |
1,9000 |
-9,52 |
| SUNI |
0,1300 |
-27,78 |
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| CODE |
Value |
Change, % |
| USD |
7,70 |
0,00 |
| EUR |
10,27 |
-1,84 |
| RUB |
0,26 |
0,00 |
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