‘Most unit investment trusts did not do very well in the first quarter of the year and actually showed some negative dynamics. This was the case of CIT Fortis Investment and Maxwell, for instance,’ Unicom Partner’s Deputy Corporate Marketing Director Dmitriy Emerov said to UrBC.

In the meantime, Unicom Partner has recently announced that its contracts with CIT Fortis Investment and Maxwell management companies were cancelled.

‘Unicom Partner intends to focus on trust management and banking services for the time being. However, we might resume our cooperation with the unit investment trusts some time in the future,’ Dmitriy Emerov said.