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Precy Dumlao, Opalesque Asia:

Wealth management focused Swiss bank Banque Morval has awarded a specialist equity advisory mandate to E.C. Elbrus Capital Investments Limited effective October 1 this year, in its capacity as investment manager of Willerequity Russia & Eastern Europe, a specialist investment fund of Luxembourg-based Willerfunds Management Company S.A.

In a statement, Banque Morval said it is confident that the management skills and the longstanding expertise in Russia and the CIS by E.C. Elbrus would strengthen Banque Morval and Willerfunds’ offer to their investor base. A the same time, the bank said the agreement would enable E.C. Elbrus to extend its reach to UCITS investors.

Established in Switzerland in 1974 as an independent wealth management company, Banque Morval is an owner-managed Swiss private bank with roots in Switzerland. Starting from 1974 Banque Morval has built a robust reputation providing high-end wealth management services and investment expertise to its clients.

It adopted its current banking status in 1989. Banque Morval is regulated by the Swiss Financial Market Supervisory Authority (FINMA).

E.C. Elbrus is a boutique equity investment specialist focusing on Russia and the CIS republics. The firm was incorporated in Cyprus in 2009 following a spin-off from London-based Polar Capital Holdings plc. The terms of the spin-off ......................

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