Da Vinci Capital enters European ETF business with platform and two Russia funds

One equity and one bond fund

Emerging markets specialist Da Vinci Capital Management has entered the European ETF market with the launch of ETF platform ITI Funds and two Russia funds listed on the Irish Stock Exchange (ISE).

The firm said the ETF platform launch was an extension of its skills it already has in place in emerging markets, and the two ETFs are the first in a number of ETF funds it plans to launch investing in emerging markets. Oleg Jelezko, managing partner of Da Vinci Capital, said: "In over a decade operating in emerging markets we have built a highly-skilled team that has deep understanding of the markets and how they operate. "The launch of ITI Funds will provide investors with a well-structured and regulated platform from which they can access what we believe is a significant growth opp...