OREANDA-NEWS. May 15, 2013. The first four months of 2013 have been successful for open-end mutual funds managed by ABLV Asset Management, IPAS, and as at the end of April this year the total value of their assets exceeded EUR 75 million.

Currently, 6 mutual funds are available to our customers, including 4 bond funds and 2 stock funds.

During four months of this year, total value of our mutual funds has increased by more than 52%, i.e., approximately EUR 27 million. The growth of the funds’ value was due to increasing interest in financial markets and customers more and more willing to diversify their investment portfolios by acquiring shares of ABLV funds.