29 November 2017

ICU AND PRAVEX BANK SUPPORT INTERNATIONAL OPPORTUNITIES FOR UKRAINIAN INVESTORS

Kyiv, 29 November 2017 - ICU, the independent asset manager, and PRAVEX BANK hosted a training seminar for clients on Wednesday 28 November. Speaking at the event were experts from FPP Asset Management LLP, the British asset management firm specializing in global emerging markets.

 

ICU is committed to improving financial literacy in Ukraine by supporting initiatives that educate and encourage best practices. Cross-border activity is an important element in the development of Ukraine’s financial system and its gradual integration into the European Union.

 

Konstantin Stetsenko, Managing Partner of ICU, said, “Ukraine’s integration into the international financial system must be a priority if we are going to successfully develop as a country. This requires improved financial education at every level”.

 

Currently, only a small number of Ukrainians have taken advantage of the simplified procedures for investing abroad. The main reason for the limited demand is the lack of information available to investors about investment instruments and the lack of reliable partners. One the eve of pension reform, this is a missed opportunity for Ukrainians who want to see their hard–earned savings grow.

 

"That is why we see financial education and engagement with foreign firms, like FPP Asset Management, as a crucial aspect in the development of Ukraine’s financial system and ultimately EU integration.