Profile Wermuth Asset Management GmbH (WAM) has an over 10 year track record of successful value investing in “Greater Europe”. It is the exclusive investment adviser to a number of funds and SPVs with some $300m under management as well as to a number of management accounts. In this capacity WAM has overseen over $1bn in equity investments in Russia in over a decade. WAM is solely dedicated to providing investment advice and operates according to the highest professional and ethical standards. WAM has dedicated Listed Equities, Private Equity, Real Estate Development and Credit expertise. WAM generates alpha through its fundamental value bottom-up long/short analysis, drawing on in-house macro economic, political, legal and due diligence expertise as well as through friendly activism. Its team lives mainly in Moscow, “puts its money where its mouth is” and has extensive public and private sector contacts. Please see Wermuth Asset Management one-page summary below: Russian version English version § "Greater Europe Fund Limited" (Bloomberg ticker: GREEURU JY) § "Greater Europe Deep Value Fund Limited" (Bloomberg ticker GREDVALJY) § "Greater Europe Deep Value Fund II Limited" (Bloomberg ticker GREDVII JY)  Our strengths: § a philosophy of “broad value investing”, § expanding traditional "value investing", § fundamental analysis based on the principles of value investing global macro economic        analysis with a focus on Europe,   § a track record of successful investor activism, § a track record of advising the Greater Europe Fund Limited over nine years and  four        month with a gross performance of 1578%, or 35.28% per annum. Net of the current fee levels,        investors would  have earned 1167% or 31.27% per annum over this period, § a track record of advising the closed-end, Greater Europe Deep Value Fund Limited over        one year through 31 July 2007, with a gross return of 67.77% compared to return of        28.55% for the Russian index over the period. NOTE: Change of Moscow contact details for Wermuth Asset Management (click to get the contact information)
		© WAM, 2010 Important notices The information in this website does not constitute an offer to buy any investments in any jurisdiction in which such an offer is not authorised. The investments may not be offered or sold to citizens or residents of the United States of America or in any other country, state or jurisdiction where it would be unlawful to offer, solicit an offer, solicit an offer for or sell such investments. This information is not an invitation to subscribe for shares in the fund(s) described therein and is by way of information only. Under no circumstances should the information or any part of it be copied, reproduced or distributed. When making investments, it must be remembered that the price, value and income of such investments may rise or fall and you may get back less than you invested. Where higher volatility investments are involved you could lose all of the amount invested. Investments denominated in foreign currencies are subject to changes in rates of exchange that may have an adverse effect on the value, price or income. Past performance may not necessarily be a guide to the future. Investment in unit trusts and the shares of open-ended investment companies are generally a medium to long-term investment. The services detailed in this website may not be suitable for all individuals or entities and you should make your own assessment and, if you have any doubts, seek advice from an independent financial advisor. In making an investment decision, prospective investors must rely on their own investigations and evaluations of the investments to which this website relates, including the merits and risks involved. Each prospective investor should consult its own advisers with respect to the legal, tax, regulatory, financial and accounting consequences of its investment and prospective investors should not treat the contents of the website as advice in relation to such matters. In no circumstances will Wermuth Asset Management GmbH or its associated companies be responsible for any costs or expenses incurred by any investor or prospective investor in connection with any investigation or evaluation of any investments. The offer and sale of the investments in certain jurisdictions may be restricted by law. Any prospective investor wishing to subscribe for investments should satisfy itself as to the observance of the laws of any relevant jurisdiction, including the obtaining of any requisite governmental or other consents and the observing of any other formalities. Imprint Wermuth Asset Management GmbH Mainzer Landstrasse 47 60329 Frankfurt Tel: + 49 69 95 92 54 78 Fax: + 49 69 95 92 54 79 e-mail: info@wermutham.com Handelsregister Frankfurt am Main HRB 51884 (commercial register) VAT identification number DE 200 11 03 58 Managing Directors (Geschäftsführer) of the company are Messrs. Jochen Wermuth and Michael Hyuk Choi