Business news from Ukraine

DRAGON ASSET MANAGEMENT WILL DO BUSINESS INDEPENDENTLY UNDER OZON CAPITAL BRAND

9 June , 2015  

KYIV. June 9 (Interfax-Ukraine) – AMC Dragon Asset Management has decided against extending its license agreement with its parent structure, Dragon Capital investment company (both based in Kyiv), and will instead focus on the independent development of business under its own brand – Ozon Capital, reads a company press release.

According to the press release, for the last ten years Dragon Asset Management has worked as a fully independent company. Many of the proposed investment products used the Dragon Capital brand on the basis of the licensing agreement with the eponymous company. Dragon Asset Management decided not to extend the license agreement with Dragon Capital to maintain the independence and development of its own brand.

Other planned changes in the activity of the AMC include the renewal of its corporate identity and the change of location.

At the same time, the company will retain its entire investment team and product range.

AMC Dragon Asset Management was a subsidiary of Dragon Capital, one of the leading investment companies on the market. The company received a license of the National Commission on Securities and the Stock Market in May 2006.