Sberbank CIB News

Troika Dialog is named Leading Bank in the Private Banking line in Russia (Euromoney Magazine)


Troika Dialog has been recognised as a leading bank in Private Banking in Russia, according to the influential Euromoney Magazine's annual ranking of the World's Best Private Banks, 2008.

The prestigious honour was presented at the World Economic Forum in Davos. The Euromoney award was given to Pavel Teplukhin, Chairman of the Board of Directors, Troika Dialog Asset Management.

Euromoney Magazine chooses the winner according to the results of a survey carried out in the fields of Private Banking and Wealth Management. The survey involves the world's leading investment banks, which are asked to name the companies providing the best services to their clients within this business. The winner is chosen by the leading operators on the market, which makes the award especially significant.

It is the second year running that Euromoney has acknowledged Troika Dialogs achievements in Private Banking. In 2007, the company was named the Best Specialized Independent Private Bank in Russia.

Troika Dialog Asset Management was founded in the same year that Russias asset management market came into existence. The company was one of those that initially shaped the private banking industry in Russia and still remains the leader in the asset management market. The companys top managers and specialists have received multiple awards for their contribution to the industrys development. In 2007, the Institutional Investor Magazine pronounced Pavel Teplukhin one of the 20 Rising Stars of Wealth Management.

Euromoney Magazine is a recognized leader in financial journalism and renowned experts in banking and finance consider it a matter of great importance to follow its publications regularly. The Euromoney Publishing Group is one of Europe's largest companies covering operations and developments in the world of finance. The magazine has become an exceptional financial publication covering the operations of capital markets across the world. Over 145 thousand people read Euromoney every month. The magazine encompasses a vast audience of influential figures in the financial world in more than 140 countries.

Troika Dialog Asset Management (TDAM) is a leading Russian asset manager. It was founded in 1996 by Pavel Teplukhin, who remains CEO today, as part of the Troika Dialog Group (an investment banking organization). Headquartered in Moscow, TDAM has offices in Russia's 17 major cities, and also in London, Kiev and Cyprus. Assets under management as at 29/02/08 were US$5 billion, including the two CDOs, a hedge fund (Troika Russia Fund), equities, bonds, real estate and private equity. TDAM is the largest manager of domestic Russian mutual funds and has been a consistent industry leader in product innovation since its inception.