Austrian investment fund specialist Raiffeisen Capital Management (RCM) is now offering seven of its top funds to investors in UK. With approval by the FSA, institutional investors are now able to take advantage of these new RCM funds through RCM’s parent company Raiffeisen Zentralbank’s branch office in London.
“The approval for sale in the UK of seven Raiffeisen Capital Management Funds will give UK-based investment advisers access to a range of investment opportunities in Central and Eastern European (CEE) markets from a major European provider with very strong research capabilities in this market,” said Richard Buchanan, local representative of RZB’s London Branch.
Mathias Bauer, CEO of Raiffeisen Capital Management, weighed in on the matter. “Broadening the international scope of our company is proceeding exceptionally well: RCM is now present in 18 countries in Europe, and the trend is strongly positive. By 2015 we intend to manage a total volume of EUR 100 bn, with international customers accounting for 40 percent of that. The new listings in the UK and Jersey represent another important step in this direction.”