Cedus Invest, a company managed by Invalda INVL, one of the Baltic region’s leading asset management groups, will invest up to EUR 8.5 million into INVL Emerging Europe Bond Subfund managed by INVL Asset Management.
“This is a short-term investment, until the funds are needed for other projects. We believe that this high liquidity mutual fund is one of the most suitable alternatives to us, according to the characteristics of risk and return”, – Darius Šulnis, the president of Invalda INVL, said.
Assets of INVL Emerging Europe Bond Subfund, which was launched in 2010, are invested in the most promising Central and Eastern Europe government and companies’ debt securities identified according to credit analysis. The INVL Emerging Europe Bond Subfund combines riskier investments (corporate bonds) and safer ones (government and municipal bonds) in order to ensure a stable return on investments and take a moderate risk. At the end of November of this year assets under management of the fund amounted to EUR 35.1 million.
According to mutual funds rating agencies Lipper Leaders and Morningstar, INVL Emerging Europe Bond Subfund is ranked the highest or among the highest ratings. In total, INVL Asset Management manages 5 mutual funds.
Invalda INVL, operating since 1991, is one of the leading asset management groups in the Baltic countries. Companies the group owns in Lithuania and Latvia manage more than 20 mutual, real estate and pension funds (2nd and 3rd pillar), alternative investments, individual portfolios, private equity and other financial instruments. The group’s companies manage more than EUR 575 million of assets entrusted to them by over 185 000 clients in Lithuania and Latvia as well as international investors. The shares of Invalda INVL have traded on the Nasdaq Baltic securities exchange since 1995.<\/p>\n","protected":false},"excerpt":{"rendered":"
Cedus Invest, a company managed by Invalda INVL, one of the Baltic region’s leading asset management groups, will invest up to EUR 8.5 million into INVL Emerging Europe Bond Subfund..<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[6],"class_list":["post-13269","post","type-post","status-publish","format-standard","hentry","category-press-releases","tag-imported"],"acf":[],"yoast_head":"\n