Liquidity of Invalda INVL shares will be increased by Šiaulių Bankas

The liquidity of the shares of Invalda INVL, one of the Baltic region’s leading asset management groups, will be increased by market maker Šiaulių Bankas starting on 3 August. Under a market making agreement, Šiaulių Bankas will maintain buy and sell orders for Invalda INVL shares during at least 85 percent of trading time on the exchange, thereby deepening the market.
“Our aim in taking this action is that our investors have more opportunities and lower costs for buying or selling Invalda INVL’s shares,” said Darius Šulnis, the president of Invalda INVL.
Invalda INVL is one of the leading asset management groups in the Baltic countries, in business since 1991. The companies that the group owns in Lithuania and Latvia manage more than 20 mutual and pension funds (2nd and 3rd pillar), individual portfolios, private equity, and other alternative investments.
At the end of the first quarter of 2020, the group’s companies had more than EUR 950 million of assets under management, entrusted to them by over 200 000 clients in Lithuania and Latvia as well as international investors.

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