Asset management company "OTP Capital" has turned 11 years old. Since 2007, it has been responsible in Ukrainian OTP Group for asset management of investment funds, non-state pension funds and insurance companies’ assets.
Over the past year, the company has increased its total assets under management by 34%, to UAH 1.47 billion. In particular, the direction of venture capital showed the best dynamics, with the company receiving 4 new funds under its management. The other leader is the sector of insurance asset management, which has doubled since it received additional funds for management.
Traditionally, the company pays great attention to products with a public offer. The direction of mutual funds, which are offering more freedom to choose investment horizons and usually have higher yields than bank deposits, grew by 65%, due to an increase in the demand for alternative investment instruments in Ukraine. The direction of management of non-state pension funds, through which clients accumulate funds for retirement, is in the second place in terms of total assets under management of the company. Over the past year, OTP Capital have not only actively increased its client base and assets of its flagship pension fund "OTP Pension", but also received its third non-state pension fund under management – "FreeFlight".
"We are seeing a steady increase in demand for our products and services, both among individuals and corporate clients. We make every effort to reach the goals of our clients, to popularize European practices of investing money and to increase confidence in investing in Ukraine", - says Vitaliy Dyshlovy, Head of Sales and Marketing Department of AMC "OTP Capital".
Asset management company OTP Capital was established in July 2007 and became the second after OTP Bank representative of OTP Group in Ukraine. The company provides a wide range of high quality investment services to both individuals and corporate clients and is one of the leaders of the collective investments market. AMC OTP Capital manages 6 public mutual funds, 6 venture funds, reserves of insurance companies and 3 non-government pension funds. Total assets under management: UAH 1.5 bln.
JOINT STOCK COMPANY OTP BANK is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The Bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard. Its absolute owner is the largest Hungarian Bank OTP Bank Plc.