C-Quadrat Ampega Asset Management Armenia has launched CQ Armenia Growth fund, the first of its kind in Armenia.

The company has said in a press statement that CQ Armenia Growth Fund is designed to address the investment aspirations of individuals and institutional investors both from Armenia and abroad who seek to earn solid income on their investments by participating in development of the Armenian economy.

The fund provides investors with high-level risk managements, asset diversification and attractive investment options in equities, equity funds and equity-equivalent instruments, with at least 60% of fund assets to be invested in the Armenian Dram (AMD) denominated securities.

The fund’s portfolio composition mirrors the C-Quadrat Ampega’s Conservative Pension Fund, which has over AMD 117 billion (around EUR 200 million) assets under management and more than 250.000 investors - active pension contributors.  

“We are confident that currently Armenia has a high potential to attract investments in the Armenian economy both by local and foreign investors, taking into account the factors such as the country’s democratic governance, human capital, stable macroeconomic conditions and a growing financial market. More diversified drivers, including Armenia’s increased investment rating, contribute to building confidence and developing inclusive economy, further enhancing the country’s attractiveness for foreign investors and Armenian Diaspora in particular,” stated Ernst-Ludwig Drayss, Chairman of the Board at C-Quadrat Ampega Asset Management Armenia.

“Advancing the growth, C-Quadrat Ampega Asset Management Armenia has the pleasure to announce that it expands its funds product line to offer a new investment fund in Armenia. We are optimistic about the new prospects that the CQ Armenia Growth Fund will entail and anticipate that the product becomes popular not only among the local investors but also among foreign investors, considering the return it may offer,” said Arman Vardanyan, Chief Executive Officer at C-Quadrat Ampega Asset Management Armenia.

C-Quadrat Ampega Asset Management Armenia (CQ Ampega) is a professional asset manager established as a joint venture between C-Quadrat Investment AG (Austria) and Talanx Asset Management GmbH (Germany). Since 2013, it manages AMD 117bn million assets of 258,345 pension contributors.