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Private Banking and Wealth Management Survey 2012

July 2008

Ukraine: Polar Capital looks to Kiev for growth

by Guy Norton


London-listed asset management group Polar Capital is looking to launch a fund later this year to take advantage of the attractive investment opportunities it believes exists in Ukraine. Earlier this year, Polar relocated its head office for emerging Europe to Kiev from Moscow, citing the growing attractiveness of the Ukrainian economy.

"Ukraine is a country with under-penetrated goods and services markets with a population of 47 million and GDP per capita still below $3,000," says Anton Khmelnitski, director of emerging markets at Polar Capital. He adds...


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