On July 26, 2015 OTP Capital asset management company turned eight years old. The company continues to work actively on the Ukrainian financial market and is one of the leaders in asset management. Currently the company manages the assets of 7 investment and 3 venture capital funds, the insurance companies’ and pension assets totaling about UAH 190 mln.
The fastest growing sectors of business of the company are management of pension and insurance assets. The fund "OTP Pension" became one of the TOP-10 largest pension funds in Ukraine and actively growing. The assets of insurance companies are constantly growing and already reached UAH 13 mln. The cooperation with insurance companies is not limited to the asset management – recently together with "TAS" insurance company a newforeign currency investment insurance product was launched. To deepen such cooperation "OTP Capital" was the first asset management company, which became the member of the League of Insurance Organizations of Ukraine, its experts are members of finance and investment committee of the organization.
Despite a competition from a high bank deposit rates, some company’s investment funds have brought their investors very high profits. In particular, "OTP Invest" earned 30.5% per annum for its clients, but the leader in sales and profitability is "OTP Valutnyi", which grew during last year by more than 100%.
"More than 10 000 clients rely on our experience and professionalism. And it is not only investment funds’ and insurance companies’ clients, but also "OTP Pension" clients, who invest their money with us for decades. It’s a great honor and responsibility for us. That is why we use European standards of management and conservative approach to investments, which allows us to provide our clients with stable results to secure their wealth growth" - says Grygorii Ovcharenko, CEO of "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 corporate clients and individuals and is one of the leaders of the collective investments market. AMC OTP Capital manages 7 public mutual funds, 3 venture funds, reserves of insurance companies and non-government pension fund. Total assets under management: UAH 189.5 mln.
Public 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.