KD Maximus equity fund holds 2m euros in Russian oil and gas - financiare.ro
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News » February, 2011 » 13 February 2011

KD Maximus equity fund holds 2m euros in Russian oil and gas
13.02.2011, 23:45 | Capital Markets | 946 views



KD Maximus, the second biggest equity fund on the market in terms of assets, holds investments worth 2m euros in Gazprom, Rosneft and Lukoil and in the biggest bank of Russia, being the first Romanian fund to bet on the potential of the Russian energy field.

With assets under management worth above 10m euros, KD Maximus has bet on the potential of Russia's biggest oil and gas producers since the second half of last year, a strategy that has propelled it onto the second position among the best-performing mutual funds in 2010, with a 14.8% annual return.

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