Citadele Asset Management, investment advisor for Cornhill’s WIOF Global Emerging Markets Bond Fund and the WIOF Russia and CIS Performance Fund, has been named the best investment management company in the Baltics in 2012 by top global finance magazine World Finance.

The investment company beat other regional rivals to the award following a five-month voting process involving readers of the prestigious magazine and a specially-selected panel of judges.  

Vladimirs Ivanovs, Chairman of the Board of Citadele Asset Management, said: “For the past two years, readers of World Finance have recognised Citadele Asset Management as one of the leading investment management companies in the Baltics, but this year we have been named the best.

“We are honoured by such a high degree of international recognition, which undoubtedly sets an even higher standard for our work going forward.”