OREANDA-NEWS. September 21, 2012. Citibank announced tthe expansion of the portfolio of mutual investment funds managed by TKB BNP Paribas Investment Partners available for sale and the launch of sales of units of the open mutual funds TKB BNP Paribas — Gold, reported the press-centre of Citibank. 

Now at more than 49 points of sale in 8 Russian cities clients of Citibank can acquire, exchange and cash out the units of 14 mutual investment funds managed by TKB BNP Paribas Investment Partners.

TKB BNP Paribas Investment Partners is one of the leading assets management companies on the Russian market for management of private and corporate capital. The company’s history dates back to 2002 and in 2006 the company became a joint venture of KIT Finance and Fortis Investments. Since 2009 the beneficial shareholders (50/50) of the company are financial structures of Russian Railroads and BNP Paribas Investment Partners (BNPP IP), a management company which is a part of the international financial group BNP Paribas.

All investment products of TKB BNP Paribas Investment Partners are Global Investment Performance Standards (GIPS) compliant.