Ukrainian asset management funds rise 26% YTD as of end-April
27 June 2008
Ukrainian asset management companies saw the value of their funds pick up 26% YTD to UAH 51.4 bln (USD 10.6 bln) at the end of April, the head of Ukrainian Association of Investment Business Council Dmytro Leonov told Interfax yesterday. According to him, the main contributors to the growth were venture (+26.8% YTD) and closed-end investment funds (+25.8% YTD), while open-end funds decreased their assets 13.2% YTD during the period.
