Premier by Uniastrum clears RUR1,5 Billion mark
23 March 2007 Moscow - Uniastrum Bank’s Premier Funds’ net asset value exceeded 1,5 billion roubles for the first time. The net inflow of investors money in the last three months was over 450 million roubles.
The recent market correction did not affect our inflows - says Eugenia Lazareva, Head of Uniastrum discretionary asset management department- actually, we advised our clients in our weekly publication “Pulse of the week” that the correction is long overdue. Many of them took our advice and shifted their investments from equity to lower risk, predominantly fixed income Premier funds, just prior to the correction.
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