News

December 4, 2006

METROPOL Asset Management, a wholly owned subsidiary of the “METROPOL” Group, won the auction for the properties of “Moskvich”, a Russian car-maker, with a RUR 5,554.7 mn bid.

The lot comprised 54 Moscow-located non-residential buildings.
The acquisition has furthered the company’s strategy for a deeper involvement in development projects both in Russia and internationally.
Currently, international and local real estate properties average 15 % of the Group’s total assets.

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METROPOL Asset Management has established three Open-end mutual funds, each designed to meet individual strategy, return and risk objectives.

Additional Information

Most efficient strategy for investing in mutual funds relies on additional money deposits to the funds. This strategy is likely to be most attractive as it helps iron out the fluctuations typical of the corporate stock market.

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