Ukio Bankas Investment Funds Increase Number of Clients
OREANDA-NEWS. November 26, 2010. Number of clients of investment funds managed by UAB Ukio banko investiciju valdymas continued growing – a number of clients investing to investment funds managed by UAB Ukio banko investiciju valdymas grew by 25 percent within nine months of 2010, reported the press-centre of Ukio Bankas.
Although overview on Investment Funds activity of Q3 2010 announced by the Securities Commission of the Republic of Lithuania shows that growth of number of clients of managed investment funds has completely stopped in Lithuania in 2010 (number of participants in the funds has almost not changed from 31 December 2009 to 30 September 2010), investment funds managed by UAB Ukio banko investiciju valdymas have faced significant growth of number of clients in Lithuania.
“Wide geographic diversification of the investment funds distributed by us, attractive investment directions and favorable terms of investment caused the changes in the number of Ukio bankas investment funds’ clients that resisted general market tendencies and increased by 25 percent in 2010, - said Julius Ivaska, Deputy Director of UAB Ukio bankas investiciju valdymas. – the greatest growth of number of investors was witnessed in the sector of risky investment funds – number of clients in the Russian fund grew approximately four times, rapid growth of clients was observed in the funds of China, USA and Europe as well”.
Julius Ivaska stated that investing clients improve, their needs grow – it is not enough to propose the clients to invest into securities of companies of Lithuania, Baltic countries or Eastern Europe. After financial markets crisis of 2007-2009 people understood benefits of diversification and many of them seek to distribute their investments wider – invest not only to Lithuanian markets, but also to the markets of Europe, USA, Asia.
Presently, UAB Ukio banko investiciju valdymas manages Ukio bankas bond fund, Ukio bankas rational investment fund and Ukio bankas investment opportunities fund comprising Chinese, Russian, US, European, and Money Market Instruments sub-funds. Ukio bankas investment funds are distributed via Ukio bankas Client Servicing net and Ukio bankas internet banking system Eta bankas.
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