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ICU - Equity
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AMC Investment Capital Ukraine ICU Investment Management (BVI) The Investment Committee
Fixed Income Fund
CIS Opportunities Fund Global Opportunities Fund

Our active portfolio management strategy has enabled us to deliver returns to clients significantly in excess of market benchmarks.

ICU’s award-winning team of portfolio managers and traders have delivered outstanding returns to investors.

Merger and Acquisitions Equity Capital Debt Capital Debt Restructuring See All Transactions

ICU's Investment Banking team has successfully closed over $1 billion in M&A transactions.

Our Investment Banking team advises companies in raising capital through both the public market as well as private equity placement

ICU is a leading underwriter of corporate bonds in Ukraine. We possess an unrivalled distribution network that includes foreign institutional investors, Ukrainian financial players and high net worth individuals. In total, ICU has placed in excess of UAH6 billion of debt.

ICU’s investment banking team has participated in virtually every major debt restructuring in Ukraine and successfully closed over $2 billion in debt restructuring transactions.

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ICU provides financial brokerage services to private and institutional clients. ICU acts as a market maker on the major exchanges and OTC markets.

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ICU has provided exchange rate and inflation figures for the Ukrainian market since 2009. These indices are updated daily.

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ICU is a financial services group providing securities trading, investment banking and asset management for private and institutional investors.

WORKING AT ICU - YOUR OPPORTUNITY TO JOIN THE LEADING TEAM OF INVESTMENT BANKERS, ANALYSTS AND SECURITIES TRADERS IN UKRAINE.

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Equity
2015
February
2014
August June April March

26 February 2015 Equity

Kernel

Outlook update

We believe Kernel shares are poised for a rally toward PLN 50-60 region in the view of dramatic turnaround in fundamentals. After a long slump, EBITDA should surge to US$ 350m this year (+ 44% y/y) ...

ICUEquityInsight-20150226.pdf  (636kb)

7 August 2014 Equity

Ferrexpo

1H14 Earnings review: Unexpectedly strong

Ferrexpo’s 1H14 EBITDA increased 17% YoY to US$274m (adjusted for a US$47m one-off non-cash FX gain), 12% above the Bloomberg consensus. The company’s EPS rose 62% YoY to US$0.35. The devaluation of ...

ICUEquityInsight-20140807.pdf  (337kb)

4 June 2014 Equity

Kernel

3Q14 earnings review

Market reaction to Kernel’s 3Q report strengthened our view that sentiment towards the stock is picking up. What is needed now in order to promote a sustained share price recovery is a successful t...

ICUEquityInsight-20140604.pdf  (347.8kb)

22 April 2014 Equity

Ferrexpo

1Q14 interim management statement: Significant cost savings achieved

Ferrexpo’s 1Q14 interim management statement issued last Thursday disclosed ongoing growth in the company’s sales and production, which was in line with the market expectations. The company continues ...

ICUEquityInsight-20140422.pdf  (0b)

18 April 2014 Equity

Kernel

In search of a bottom

We are initiating coverage of Kernel, one of the high-ranked Ukrainian food producers. Once a growth leader and darling of investors, Kernel found itself in a difficult situation in recent years with ...

ICUEquityInsight-20140418.pdf  (2.4mb)

13 March 2014 Equity

Ferrexpo

FY13 Earnings review: Positive surprise again

Ferrexpo’s FY2013 results exceeded market expectations as the company’s EBITDA increased 25% YoY to US$506m, and its EPS increased 21% YoY to US$0.45, 7% and 3% above market consensus, respectively. W...

ICUEquityInsight-20140313.pdf  (293.9kb)

  • Asset Management
  • AMC Investment Capital Ukraine
  • ICU Investment Management (BVI)
  • The Investment Committee
  • Investment Banking
  • Merger and Acquisitions
  • Equity Capital
  • Debt Capital
  • Debt Restructuring
  • See All Transactions
  • Sales & Trading
  • Products
  • Custody
  • Market Quotes
  • Research
  • Market Surveys
  • Macroeconomics
  • Bonds
  • Equity
  • Currency Indices
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  • About ICU
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This Website should not be considered as the one source of information for transactions in the securities market or other markets that may be referenced upon the site. The information on this site does not constitute an offer to purchase or sell securities of the investment fund certificates. Fund performance is not guaranteed; the net value of the fund's assets may rise or fall. The results of the funds’ work in the past do not guarantee future returns.
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