Group companies’ assets under management of more than 240 thousand clients amounted to EUR 1.25 billion at the end of 2020 and increased nearly 20% during the year. Investment return earned for clients during the year totalled
Asset management business
The year 2020 was moderately good for those investing with
“We have given, and will continue to give, great attention to ensuring that the investments and the business we manage are fully resilient to the potential negative impact of the processes that are underway. Our main priority, however, is to assess and take advantage of current circumstances, and adapt to ongoing changes, so that the investments of the people who have entrusted their money to us can continue to increase in value, and so that our business can grow, become stronger, and fully meet the needs of our evolving world,” said Darius Šulnis, the President of
The pension funds the group manages increased their portfolios.
Investments
The factors that most impacted Invalda INVL’s results, as usual, were changes in the value of its own investment portfolio and income from that portfolio. The company earned
Darius Šulnis notes there were no major changes in the composition of Invalda INVL’s investment portfolio last year. Investments in the products that are offered to INVL clients were deliberately further increased in order to increase the alignment of the interests of the investors and the manager.
“We manage and invest the assets entrusted to us in a consistent and disciplined manner, on the basis of our investors’ needs and expectations. We’re developing new products, expanding our range of clients and, as always, have numerous plans and ideas for further growth and improvement. We believe we will be able to properly assess the processes and changes taking place in the markets and react to them proactively, preserving sustainability and prudently taking advantage of the opportunities that arise,” Invalda INVL’s president said.
The audited results of the company which have been published will be approved at the annual general meeting of its shareholders on 30 April this year.
The person authorized to provide additional information is:
Darius Sulnis, President of
E-mail Darius.Sulnis@invl.com
Attachments
- Factsheet_Invalda INVL_2020
- _Invalda INVL_Annual Information for 2020_
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