NESTOR Osteuropa Bond fund
The NESTOR Osteuropa bond fund invests by preference in variable- and fixed-interests securities issued by entities with their registered office in, or concentrating their business operations in, such states in Eastern and South-Eastern Europe as for example Albania, Bosnia-Herzegovina, Bulgaria, Estonia, the Commonwealth of Independent States (CIS) (including Russia), Serbia, Montenegro, Kosovo, Croatia, Latvia, Lithuania, Macedonia, Poland, Romania, Slovakia, Slovenia, the Czech Republic and Hungary. The paper can be denominated in local currencies or in euros or US dollars.
Fund prices
Fund manager
Andris Kotans
Kotans, a native of Latvia, is a Senior Portfolio Manager at Citadele Asset Management, a specialist in Baltic investments. He manages most of the bond funds run by Parex including, since October 2007, the NESTOR Eastern Europe Bond.
He studied economics and business administration at the Central European University in Budapest and at the Stockholm School of Economics in Riga.
He then became a portfolio manager with Hansa Investment Funds, where he was responsible for all bond funds investing in Central and Eastern Europe between September 2005 and October 2007.
Kotans is convinced that: “The prospects for the Eastern European bond markets are good in the long term. There is no stopping the structural improvements in such aspects as size, liquidity and legal certainty that are so urgently necessary.”
