Veles Capital Confirmed Positions among TOP-10 Investment Companies
OREANDA-NEWS. Veles Capital confirmed it's positions among the TOP-10 Russian investment companies by total turnover of securities in H1 2013 - results of investment companies review published by Expert rating agency.
Veles Capital's total turnover of securities increased +62% as compared to H1 2012 results and formed 110 bln EUR. Brokerage turnover increased +70% and formed 92 bln EUR thus made the main contribution to increase of total turnover.
Veles Capital was also ranked among the TOP-10 investment companies by net profit (2,5 mln EUR) and TOP-5 by equity capital (51,5 mln EUR)
The review of Russian investment companies was prepared by Expert rating agency on the base of questionnaire survey of 50 companies with total turnover of securities worth 85% share of total market turnover. The review and ranking tables are available on Expert RA web-site.
Veles Capital has been operating on the Russian financial market since 1995 and renders brokerage, depositary and asset management services for large corporate and affluent individual investors. Veles Capital brand unites investment companies in Russia, Ukraine and Cyprus; trust management companies Veles Management and VELES TRAST, Veles Capital IG rendering services in M&A consulting and private equity; Veles Development managing real estate investment projects.
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