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2007 12 30 The year 2007 was the second consecutive year Prudentis Baltic Fund proved to be the best fund among the funds investing into same geographic region and asset class. Not only did it beat all the competing funds, but it also outperformed the benchmark by as much as nearly 10 percent. Fund manager A. Balaisis read a lecture at an investment conference organized by Lithuanian business daily Verslo Žinios named "Investicijų labirintai: kaip primti sprendimus?" ("The Labyrints of Investment: Guide to Decision Making") in Klaipėda. Prudentis partner and director has read a lecture on the principles of fund managers. EU MiFID (Markets in Financial Instruments Directive) has came into force. EU MiFID (Markets in Financial Instruments Directive) has came into force in Lithuania adopting the Financial Instruments Markets Law of Republic of Lithuania that has set a different qualitative measure of investor protection. Lithuanian business daily Verslo Žinios has published Fund's manager's A. Balaisis publication on investing in vulnerable markets, where fund manger explained what should be the strategy of a rational investor in face of bear markets. Šiaulių Bankas began distributing Prudentis Baltic Fund units Šiaulių Bankas has added remarkably to the scope of Prudentis Baltic Fund distribution network. Šiaulių Bankas has 53 territorial representative offices that can be found in 30 cities all around Lithuania. |