Last year was especially successful for open-end mutual funds managed by ABLV Asset Management, IPAS, and at the beginning of January this year total value of their assets exceeded EUR 50 million.

The year 2012 was marked by noticeable slowing of world economic growth compared to 2011.

In December, market players followed exciting American blockbuster (or rather a comedy?) “Fiscal Cliff”, the central figures in which were Republican and Democratic leaders.