Key moments

  • In 1991 the investment company Invalda began its activities.
  • Since 1995 the shares of Invalda have traded on the Vilnius Stock Exchange.
  • From 1997 to 2003 the company was licensed as an investment holding company.
  • In 1998 Invalda acquired FMĮ Finasta which, with the acquisition of several other smaller financial brokers (Mifonda, Apyvarta, Klaipėdos Vertybiniai Popieriai, Finansų Spektras and Sinkus), became the leading financial brokerage firm in Lithuania.
  • 2003 saw the creation of the asset management company Finasta Investicijų Valdymas, which within a few years became the Lithuanian asset manager with the largest number of mutual fund clients.
  • In 2008 shares of Valmeda were sold.
  • In 2008 the investment bank Finasta was established.
  • In 2011 the companies Tiltra Group and Kauno Tiltai were sold, as was Sanitas.
  • In 2013 a reorganisation of the company was completed, after which Invalda continued under the name Invalda LT.
  • In 2014, based on the experience acquired and the value created in business acquisitions, reorganisations, development and sales, it was decided to revise the group’s business model and manage not only shareholders’ assets but also those of other investors (until then the company only invested money from its own balance sheet). In April 2014, three companies each managing uniform types of assets were split off from Invalda LT with plans to seek closed-end investment company (UTIB) licenses.
  • In 2014 the Bankas Finasta group was acquired, including the Finasta Asset Management companies in Lithuania and Latvia. During the year, Invalda LT also acquired pension fund manager MP Pension Funds Baltic. Since March 2015, Finasta Asset Management has operated under the name INVL Asset Management. 
  • In April 2015 Invalda LT changed its name to Invalda INVL.
  • Since October 2015, following the merger of INVL Asset Management, MP Pension Funds Baltic and INVL Fondai, it is now INVL Asset Management that operates in the market.
  • In 2015 Invalda INVL sold its shareholdings in Bankas Finasta and the financial brokerage firm Finasta to Šiaulių Bankas.