OTP Fund Management is the leading asset manager in Hungary with assets under management of over EUR 4 billion. The company is the largest Hungarian institutional investor in the domestic government securities market and one of the largest investors on the Budapest Stock Exchange.
OTP Fund Management is a registered European Fund Manager, authorized to make cross-boarder product launches within the European Union. OTP Fund Management is the largest player in the Hungarian securities fund market, accounting for approximately 30% of the market. OTP Fund Management is the issuer and manager of the largest money market – also the largest domestic – fund (OTP Pénzpiaci Alap), the largest bond fund (OTP Optima Alap) and the largest equity funds (OTP Quality Alap, OTP-UBS Alapok Alapja) in Hungary.
OTP Fund Management is the leading pension fund asset manager in Hungary with over 20% market share. In addition to pension funds, it manages a range of institutional portfolios. Pension fund and other institutional assets under management were over EUR 2.2 billion at the end of September 2006.
OTP Fund Management Ltd. is a wholly owned subsidiary of the OTP Group.
Market Maker and Custodian
OTP Bank has completed several successful acquisitions in recent years, becoming a key player in the region. OTP Group currently operates in Bulgaria, Croatia, Romania, Serbia and Slovakia via its subsidiaries. More recently, OTP Bank has completed acquisitions in Russia and Ukraine. Including these acquisitions, OTP Group currently provides high quality financial solutions to nearly 10 million customers through almost 1000 branches, agent networks and state-of-the-art electronic channels.
The market capitalisation of the Bank exceeds EUR 8 billion, which places it amongst European "blue chips". Forbes rated it among large corporations representing the world’s most attractive investment opportunities. The Bank was awarded the title of “Best Hungarian bank” in 2004 by Euromoney, Global Finance, and The Banker and it was included in Morgan Stanley’s global model portfolio for banks.