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Troika Dialog launches UCITS-compliant funds focused on Russia

Monday, 23 April 2012
Troika Dialog launches UCITS-compliant funds focused on RussiaTroika Dialog Asset Management today announces the launch of Luxembourg based UCITS umbrella – Troika Dialog UCITS SICAV with two funds focused on Russia. The funds will offer international investors access to the Russian equity and bond markets. Each fund will be seeded with $50m. Sberbank, Russia’s largest bank, will be the key investor. The funds will be managed by the team of experienced investment professionals and will adhere to the same investment principles and follow the same investment process as the rest of the company’s investment products.http://www.ftseglobalmarkets.com/

Troika Dialog Asset Management today announces the launch of Luxembourg based UCITS umbrella – Troika Dialog UCITS SICAV with two funds focused on Russia. The funds will offer international investors access to the Russian equity and bond markets. Each fund will be seeded with $50m. Sberbank, Russia’s largest bank, will be the key investor. The funds will be managed by the team of experienced investment professionals and will adhere to the same investment principles and follow the same investment process as the rest of the company’s investment products.

The Russian Long Term Capital Appreciation Fund will invest in a diversified portfolio of Russian equities, including blue chips, mid- and small cap stocks. The fund will source  ideas from existing fund strategies, such as the flagship Dobrynia Nikitich fund (launched in 1997) and the small cap Potential fund (launched in 2005). The Russian Fixed Income Fund meanwhile will invest in a portfolio of ruble-denominated sovereign, municipal and corporate bonds with medium to long term duration and high credit quality. The fund will focus on issuers with expected improvement in credit quality and / or rating upgrades and will be similar to Troika’s flagship fixed income Ilya Muromets fund (launched in 1996).

 

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