VTB Capital Investment Management business became the leader in the Largest Asset Managers rankings according to financial results in 2013
VTB Capital Investment Management business won first place in the ranking of largest asset managers according to financial results for 2013 as rated by the newspaper ‘Kommersant’.
Over the course of the year, the revenue from the asset management services arm of VTB Capital Investment Management business amounted to RUB 1 171 million, 31% higher than the previous year. Total profit from sales rose by 35% to RUB 441 million.
The ranking of the largest management companies was calculated using the results of analysis reports of 74 companies and groups with asset management services revenue of more than RUB 30 million. Total revenue of the companies surveyed amounted to RUB 15,7 billion, 17% higher than in 2012. Combined profit for the companies in 2013 increased by 34% to RUB 5 billion.
Vladimir Potapov, Chief Executive Officer of VTB Capital Investment Management said: “Our company has maintained a leadership position in these rankings for the past few years. We have achieved equally good results in management and in business development dynamics thanks to the professional work of the entire VTB Capital Investment Management team, a high level of corporate governance, organization of business processes and our risk management system and we plan to continue our investment in personnel, technology and development of client service.”
VTB Capital Asset Management: VTB Capital Investment Management is one of the key business divisions of VTB Capital. VTB Capital Investment Management incorporates: VTB Capital Asset Management, Bank of Moscow Asset Management company and VTB Capital Pension reserve VTB Capital Asset Management (Russian Federal Financial Markets Service license issued 06 March 2002, № 21-000-1-00059 for management of investment funds, unit investment funds and private pension funds, with no expiration date).VTB Capital Asset Management ratings: AAA (Highest Reliability) according to the National Rating AgencyA++ (Extremely High, the highest level of reliability and quality of services) according to Expert RAInformation on the funds, the terms, Federal Law 156-FZ “On Investment Funds", and the regulations of the Russian Federal Financial Markets Service, can be obtained at: Nab. Presnenskaya, 10, Moscow, Russia, 123317; by toll free call from inside Russia: VTB Capital Asset Management 8 (800) 700-44-04; by visiting one of our agents; or by going online to: www.vtbcapital-am.ru.
For more information please contact:
Olga ZenkinaHead of corporate communicationsVTB Capital Investment ManagementTel.: +7 (495) 287-68-30Mob.: +7 (916) 521-11-3079.109.105.100.220.127.116.11.18.104.22.168.22.214.171.124.126.96.36.199.188.8.131.52.123.136.135