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PIOGLOBAL Ukraine takes the leading positions by criterion of the net asset value under management in the sector of public funds

November 13, 2009

According to information resource Investfunds “PIOGLOBAL Ukraine” Asset Management has taken the third place by the value of net asset of public funds under management. As of October, 30th, 2009 there were seven public funds under management of the company, the total net asset value of which has made 83,86 million UAH. The share of “PIOGLOBAL Ukraine” Asset Management in the market of public funds has exceeded 6 %.

“The fact that even in conditions of low investment activity in the market of mutual investments the company managed to keep one of in the leading places in the sector of public funds, is confirmation of high trust on the part of investors, - Director of “PIOGLOBAL Ukraine” Asset Management Grigoriy Ovcharenko has commented on results of the rating. In uneasy economic conditions the company has continued active work with investors, both in Kiev and regions, for the purpose of increase in liquidity of funds` securities the company has improved on work of the website by opening electronic trading platform “The Secondary market”. One of the main achievements of current year is implementation the СРРІ algorithm based strategy into Ukrainian practice of asset management and the conclusion of the contract on managing assets of institutional investor Joint-Stock Company “Ukrainian joint-stock insurance company ASKA” on the basis of the strategy. High results of the rating confirm the fact, that the chosen strategy has proved its value and the company continues to hold the leading positions in the market of public mutual funds”.


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