NESTOR Eastern Europe

NESTOR Osteuropa

The fund invests mainly in equities and equity certificates (ADRs, GDRs) issued by companies incorporated in the states of Eastern Europe or doing most of their business there. The fund not only invests in companies in Poland, Hungary and the Czech Republic, these being the new EU member states with the most promising prospects, but also takes a particular interest in securities from Russia. Reasons for its doing so include the sustained favourable economic developments in Russia, the profound political changes it is undergoing as it draws nearer to the West, and the country’s enormous wealth in terms of fossil energy sources, which is of vital importance to Europe.

Fund prices

year to date

since inception

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3 months

6 months

1 year

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5 years

Fund manager

Zoltan Koch

Zoltan Koch

Zoltan Koch has been a Senior Portfolio Manager at Warburg Invest with responsibility for management of the NESTOR Osteuropa equity fund since 1 June 2011.

A native Hungarian, he studied business administration in Passau and Budapest. In 1999, he gained his Master’s degree from the Budapest University of Economic Sciences and was admitted as a trader on the city’s stock exchange.

Zoltan Koch started his career as an analyst for various Hungarian brokers. In 2001, he joined Allianz Investmentbank in Vienna, managing his first Eastern Europe fund. In 2007, following periods with Credit Suisse Asset Management in Budapest and Bankhaus Metzler in Frankfurt, he became a Senior Fund Manager at Raiffeisen Capital Management in Vienna, Austria's biggest investment firm. While at Raiffeisen Capital Management, he became a leading manager for international mandates and worked for the firm’s flagship funds. He was also responsible for small cap portfolios in Eastern Europe.

As well as his mother tongue of Hungarian, Zoltan Koch speaks German, English and Russian.

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