OTP Capital started managing assets of “Freeflight” pension fund

Asset management company “OTP Capital” has signed asset management agreement with non-state pension fund “Freeflight”
 
The fund was established in 2007 for non-state pension provision by accumulating savings in favor of its participants, further investment of accumulated assets and, as a result, additional pension payments to participants.
 
There are 7 companies and 74 individuals at the moment, making contributions to the fund in favor of 166 participants. The fund accumulated UAH 642 000 of pension assets.
 
"We are pleased that the Board of “Freeflight” has decided to use our experience and our European work standards to improve the efficiency of investments and quality of pension savings of their participants. Our company is one of the leaders on the market of pension assets management and we are actively developing this business sector", - says Vitaliy Dyshlovy, Head of Sales and Marketing Department of AMC “OTP Capital”.
 
The non-state pension fund “Freeflight” has become the third pension fund under “OTP Capital” management. The company manages the assets of the open fund "OTP Pension" and the professional fund "Magistral", which have in total UAH 135.95 mln of assets and 358 000 participants.