VTB Capital Investment Management’s Russia and CIS Equity Fund, has been recognised at the World Finance Hedge Fund Awards as ‘The Best Emerging Markets Fund, Europe 2013’ in the Single Funds award category.
Published by World News Media, World Finance is dedicated to all areas of global business leadership and enjoys a global distribution network that covers a redershhip of 120 000 worldwide.
The awards were judged by a distinguished panel of experts with a collective experience of more than 230 years in business journalism, corporate leadership, investments and academia. Nominees for the awards were short-listed on the basis of industry leadership, stability of financial performance and risk management, with strong consideration given to investment returns.
Alexey Yakovitsky, CEO of VTB Capital said: “This high-profile award is further evidence of VTB Capital IM's strong influence and reputation in the investment community. I am pleased to extend my congratulations to the entire VTB Capital IM team for being honoured by reputable industry experts. This award is a great achievement that will drive further success”.
Vladimir Potapov, Chief Executive Officer of VTB Capital Investment Management said: “Hedge funds have faced a multitude of challenges this year, including changing and uncertain regulatory environments, continued market volatility and stressed global macroeconomic conditions. We are very proud to receive a World Finance Award and see it as an ackowledgement of a hard but successful year for our asset management team. It is clear recognition of VTB Capital IM’s strong and consistent performance across its fund range and our committment to deliver the high quality products that investors continue to demand“.
In 2013 VTB Capital Investment Management was awarded ‘Grand Prix: Asset Management Company of the year’ and “Company of the year in the management of pension savings” in the annual Financial Elite Russia Awards and won Expert Rating Agency Awards in the following categories: “Leader in pension asset management”, “Innovator on the collective investment markets” and “Effective risk management for venture capital funds”.