CBL Asset Management

CBL Asset Management is a money management firm based in Riga, Latvia. Established in 2002 as Parex Asset Management and then the name change to Citadele Asset Management, the firm is a wholly owned subsidiary of Citadele Bank. It is a investment management company in the Baltic countries and provides the following services - state-funded pension plan management, proprietary investment fund management and portfolio management for private, corporate and institutional clients, both local and international. The assets of the company are managed and governed by the board of directors.