WoE ITI Funds democratising the asset management business
Since the fall of the Soviet Union Russia has embraced capitalism and the one thing it is really good at is managing money. World Bank studies have found Russia financial system is on a par with western peers and the Russian Central Bank’s clean up of the sector is in its end game.
At the same time Russian’s wholesale embrace of new technologies are pioneering fintech innovations. There are things that you can do with your bank and telephone in Moscow that you can’t do in the west.
ITI Funds has set up five platforms – three in Luxembourg and two in the Cayman Islands – that dramatically reduce the cost of entry to the fund management business. The low cost will democratise the asset management business and turn the pyramid on its head.
bne IntelliNews editor-in-chief Ben Aris talks to the CEO of ITI Funds Gleb Yakovlev about his business and the services that the company offers.
Ben Aris, editor-in-chief, bne IntelliNews
Gleb Yakovlev, CEO of ITI Funds