Citadele Bank subsidiary Citadele Asset Management (Citadele AM) has been named the most professional investment management company in the Baltic States. 

The company has been named as one of three finalists in the ‘Best Investment Management Firm’ category in the World Finance business magazine’s Investment Management Awards 2011. 

“Qualification of Citadele AM as one of the best investment management companies in the Baltic States proves that many market participants value highly the results of our work and our experience in international financial markets. The basis for our successes both past and future is our professional team which manages to find the best investment solutions and whose main task is to ensure our clients receive high quality investment services,” said Vladimirs Ivanovs, Chairman of the Board of Citadele AM.

Voting for the award finals took place between June and December 2010 with the winner to be chosen by a jury and the final announced in the July-August issue of World Finance magazine.

World Finance is a leading financial magazine published by World News Media from its headquarters in London.

Citadele AM was previously named Europe’s best specialized investment company for 2007 by Funds Europe magazine.