Aleksey Makarov

Troika Dialog Asset Management Cjsc (TDAM) is the fund management subsidiary of Sherbank Asset Management CJSC, ultimately held by State-owned Central Bank of the Russian Federation. Located in Moscow, TDAM was established in 1996 and provides private banking services and manages a hedge fund, mutual funds, as well as discretionary accounts for private individuals and institutional investors such as pension funds, banks and insurance companies.

First Asset Management JSC (First AM) is the asset management subsidiary of Sberbank CIB JSC, which is owned by Sberbank Russia PJSC (MOEX: SBER; DOTCOMS: SBRCY) in Russia. Formerly Sberbank Asset Management JSC, the firm was founded in 1996 as Troika Dialog Asset Management. Headquartered in Moscow, First AM provides private and institutional clients with a wide range of investment opportunities in its mutual funds and trust management strategies.