Assets under the management of VTB Capital Investment Management have grown, earning the company first place among Russian asset managers in Expert RA’s 2017 rating.
As of 31 December 2017, the company’s total assets under management exceeded RUB 594bn. This growth in AUM allowed the business to move up two spots from 2016 rankings.
Vladimir Potapov, Chief Executive Officer of VTB Capital Investment Management, said: “First place among Russia’s largest asset managers is a direct result of diligence and hard work by all members of the VTB Capital Investment Management team. 2017 saw growth in all key business segments, resulting in a 56% increase in AUM as compared to 2016. Last year, we doubled the size of assets under management of high net worth individuals and attracted over RUB 60bn in foreign investments. Growth in discretionary management accounts of corporate clients, endowments and military personnel home mortgage funds accounted for the largest portion of total growth. In 2018 we will continue to develop all key business segments, with a special focus on our product line, improvement of our existing services and implementation of digital services. Growing AUM serves as an indicator of the high degree of confidence of our clients in the professionalism and efficiency of our team.”
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