LONDON, December 22, 2014 /PRNewswire/ --
London-based International
Finance Magazine has conferred the awards for 'Best Fund Management
Company' in Estonia to LHV Asset
Management and 'Fastest Growing Equity Fund' in GCC to LHV Persian
Gulf Fund. The awards were presented on November 18 by the honourable Lord Sheikh,
Baron Sheikh of Cornhill, House of
Lords; Sheikh Bilal Khan, UK
Catalyst at UKTI and Co-Chairman of Dome Advisory and Peter Meyer, CEO, Middle East Association at a
gala dinner in the ball room of the Jumeirah Carlton Tower in
London.
(Logo:
http://photos.prnewswire.com/prnh/20140115/663464)
LHV was founded in 1999 and it has offices in Estonia, Latvia, Lithuania and Finland. LHV has more than 200 employees, its
banking services are used by more than 60, 000 clients, funds have
more than 130,000 clients. LHV Asset Management is a fund
management company based in Estonia. LHV Asset Management is owned by AS
LHV Group, which is a holding company for LHV Asset Management as
well as LHV Bank.
LHV started LHV Persian Gulf Fund in 2008. LHV Persian Gulf Fund
invests in publicly traded companies of Gulf Cooperation Council
countries. The GCC countries are the United Arab Emirates, Qatar, Saudi
Arabia, Oman, Kuwait and Bahrain. In size GCC markets make up 2% of the
world's stock markets.
MihkelOja, CEO, LHV Asset Management, on receiving the award
said: "LHV has been investing in the GCC countries for 7 years and
I'm delighted to see that this has brought us awards. LHV, being
the second largest pension funds manager in Estonia, values this niche expertise in the
GCC equity markets highly at times when the region outperforms and
global investors are still discovering it as a place for
investments."
While Estonia's financial
system has developed rapidly since restoration of the country's
independence at the beginning of the 1990s, the financial system is
still young. The privatisation of state property, including banks,
in Estonia started in 1992 and
there is still lot of room for coming up with innovative
products.
Read the full story:
http://internationalfinancemagazine.com/article/IFM-celebrates-financial-excellence-at-annual-awards-ceremony-in-London.html
2014 award winners:
http://www.internationalfinancemagazine.com/awards/winners
Gallery:
http://www.internationalfinancemagazine.com/awards/albums
If you would like to nominate a company or an executive for the
awards, visit
http://internationalfinancemagazine.com/awards/nomination
About IFM
International Finance Magazine (www.ifinancemag.com) was
established to offer credible financial news and present
developments worldwide in a simple and easy-to-understand manner.
Our audience comprises the top decision-makers in the financial
community across the globe. We aim to be the most sought-after
financial information provider. Our inaugural quarterly magazine
was launched at the summit on November 18,
2014.
Latest videos:
http://www.internationalfinancemagazine.com/video/
YouTube: https://www.youtube.com/user/IntlFinanceMagazine
THE IFM Summit
At our business summits, we bring together achievers, experts,
officials, business owners and the top leadership of companies to
share their views on emerging opportunities, challenges facing
businesses and show us the way ahead through innovative
solutions.
IFM Events
http://www.internationalfinancemagazine.com/events/
Pictures to EU Islamic Banking and Finance summit London 2014:
http://internationalfinancemagazine.com/awards/gallery/ifm-events-eu-islamic-finance-summit-london-2014/
Connect with IFM
Look up our stories on
https://www.facebook.com/InternationalFinanceMagazine
Get alerts about interesting stories through
https://twitter.com/IntlFinanceMag
If you think there's an interesting story that needs to be told or
have a suggestion, write to us at press@ifinancemag.com
If you want a product, person, event or company to be featured
in IFM, let us know info@ifinancemag.com
To promote yourself on our website/magazine, write to
media@ifinancemag.com
Media Contact: Mark Miller
Email id: mmiller@ifinancemag.com
Phone no: +44 (0) 208 123 9436
SOURCE International Finance Magazine