International Internet Magazine. Baltic States news & analytics
Sunday, 22.01.2017, 18:16
Northern Horizon Capital AS (the Management Company) as the management company of Baltic Horizon Fund (the Fund) has declared a cash distribution to its unitholders which implies a 2% yield on the Fund’s 2016 Q4 weighted average NAV, Baltic Horizon Fund representative announced BC.
Keyword tags: Baltic, Financial Services, Funds
All Rietumu Asset Management (RAM) investment funds have shown positive dynamics over the past year. The highest growth has been demonstrated by the High Yield (+ 15.58%) and Global Equity (+ 15.12%) funds. These are the results published in the December review of the RAM investment funds.
As Poland trims the projected Gas Interconnector Poland-Lithuania ( GIPL ) and postpones of the overall project implementation for two years, Lithuania will receive additional 3 mln euros in support from European Union (EU), which will put the total support at 58 mln euros, informs LETA/BNS.
If the planned railway electrification project affects budget resources, the project might be suspended, said Latvian Prime Minister Maris Kucinskis (Greens/Farmers) in an interview with commercial LNT television on Wednesday, writes LETA.
Estonia plans for the prime ministers of the Baltic states to sign the deal on the European-gauge railway Rail Baltica project, however, Lithuania's Prime Minister Saulius Skvernelis is not sure about the signing, informs LETA/BNS.
Last year investments in commercial real estate property in Latvia for the fourth consecutive year exceeded EUR 300 mln, Colliers International consultancy informed BC.
Lithuanian Energy Minister Zygimantas Vaiciunas says that it is possible to secure funding for the Ignalina Nuclear Power Plant's closure in the EU's new financial framework, but that will require huge efforts, writes LETA/BNS according to the business daily Verslo Zinios reported on Monday.