Sunday, 28 December 2014
Last updated 3 days ago
Feb 3 2014 | 9:06am ET
VTB Capital Investment Management today launched the VTB Capital IM Russia & CIS Debt Fund. The Luxembourg-domiciled fund, which is structured as an UCITS IV vehicle, has $40 million in assets under management and additional commitments of $20 million.
According to the firm, the fund aims to maximize total return by investing in a portfolio of Russian and CIS fixed income instruments, denominated in local and international currencies. Investments may include high yield or investment grade fixed income securities issued by governments, local municipalities, corporate and other issuers of Russia or other CIS countries, including Eurobonds and convertible bonds.
Oleg Tsetsegov will be the lead portfolio manager for the fund. He is supported by same portfolio management team that run VTB Capital Investment Management’s other fixed income strategies, which total more than $3.2 billion.
Vladimir Potapov, CEO of VTB Capital Investment Management, said: “The launch of a UCITS debt fund is a milestone for VTB Capital Investment Management which will enhance our European presence and offer professional investors access to an exciting investment case…We believe the fund will be of particular interest to emerging market investors who want to capture the upside of this region, as well as to global investors who want to diversify their portfolio.”
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
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