The Company
Trend Asset Management AD is a licensed management company — Licence No. 67-УД of 07.12.2020 issued by the Financial Supervision Commission (on the basis of the original licence of 14.12.2007). The Company was established on 12.10.2007, with its registered office in Sofia, UIC 175436564 and capital of BGN 302 000. The Company organises and manages four contractual funds, manages individual portfolios under contract with institutional and private clients, and provides investment advice. Its activity is carried out under the ongoing supervision of the FSC, and the funds' assets are held with an independent depositary bank — Eurobank Bulgaria AD.
Management
Trayan Karshutski
Holds a Master's degree in Economics and Industrial Management (UNWE, 1999) with a postgraduate qualification in financial and banking management (2003). He began his career as a dealer and senior dealer at CCB AD (1993–1995) and has served on boards of directors, with many years of experience in the Bulgarian capital market. He has led the Company since its founding in 2007.
Petar Savov
A licensed investment adviser (No. 366-ИК/2012). Before joining the team in 2019, he was Director of Investments and portfolio manager at Toplina Pension Insurance Company (2008–2019), with earlier experience at First Financial Brokerage House, HVB Bank and Piraeus Bank Bulgaria.
Emil Asparuhov
A long-standing treasury banker: ING Bank Sofia and Director of Treasury at DSK Bank (2012–2016); Chairman of the Dealers' Association (2012–2015). A licensed broker since 1998.
Konstantin Gavalyugov
Holds a Master's degree in Financial Management (UNWE) and is a licensed securities broker and investment adviser (No. 402-ИК/2014); a financial analyst with experience at the Company and at IBM.
Borislav Mihov
Experience in the tax administration (NRA), auditing and corporate finance; a former board member of the Bulgarian Private Equity Fund; a financial expert at the Company (2021–2022).
Partners
When managing the funds' assets, the Company executes transactions through the following investment intermediaries:
The funds' depositary bank is Eurobank Bulgaria AD — one of the systemically important banks in the country, licensed to hold the assets of collective investment schemes.
Sustainability (SFDR)
In accordance with Regulation (EU) 2019/2088, the Company publishes sustainability-related disclosures. Given the size and nature of its activity, the Company does not consider the principal adverse impacts of investment decisions on sustainability factors — the reasons are set out in the statement published under Documents.