"UBB Asset Management" is part of NBG - National Bank of Greece - a leader in Greece in mutual funds managemnet since 1972. Stockholders are United Bulgarian Bank with 90.86 % and NBG Asset Management - Greece with 9.14 %. Currently NBG manages over 35 mutual funds in Greece and Luxenburg.
UBB Asset Management has the following scope of activity:
1. Management of the activity of undertakings for collective investment and closed-end investment companies, including:
a) Investment management;
b) Administration of shares/units, incl. legal and accounting services concerning the assets management, required information from the investors, assets evaluation and calculation of the share/unit price, control for following the legal requirements, organization and actualization of the shareholder/unitholder register, dividend distribution and other payments, issue, sale and redemption of shares/units, contracts execution, accounts keeping;
c) Marketing services.
2. Management of individual securities portfolios (incl. portfolios of institutional investors), by its own decisions, without special orders given by the investor, in accordance with a contract with the client.
3. Investment advising on securities.
A license for performing activity: issued by the Financial Supervision Commission with Decision No 171- MC/ 04.03.2004, amended by Decision № 66–MC/25.01.2006.
Entered in the commercial register: with Decision 1/ 23.04.2004 of the Sofia City Court on court file 4098/ 2004, No. 83704, book 1021, register I, page 44.
Identification number: 131239768