On 30.06.2020 the regular annual General Meeting of the Bulgarian Association of Asset Management Companies (BAAMC) was held. The General Meeting adopted the annual report on the activities of the Board of directors for 2019, the annual financial report of BAAMC for 2019, program for activities for 2020 and other documents of the Association.
The following asset management companies were elected as members of the Board of Directors of BAAMC: DSK Asset Management AD, Expat Asset Management AD, Elana Fund Management AD, Capman Asset Management AD, Karoll Capital Management EAD, Compass Invest AD, Concord Asset Management AD, UBB Asset Management EAD, FFBH Asset Management AD, Raiffeisen Asset Management (Bulgaria) EAD, Select Asset Management EAD, Sky Asset Management AD and CCB Assets Management EAD.
The General Meeting of BAAMC elected DSK Asset Management AD, represented by its Chief Executive Officer Mr. Petko Krastev, as Chairman of the Board of Directors of BAAMC for a new three-year term.
The General Meeting also discussed measures to intensify the work of BAAMC, promote the fund industry and implement changes in the regulation of the activities of asset management companies and investment funds in the interests of the market, investors and business.