RSHB Asset Management included in the list of the most profitable management companies in Russia
30 April 2021
The Kommersant newspaper summed up the results of the work of Russian management companies in 2020. RSHB Asset Management showed growth in a number of trust management indicators, securing its status as one of the most profitable and effective company in the list.
RSHB Asset Management took 3rd place in the list of the most dynamic of large asset management companies with a 37.3% growth in assets under management compared to 2019. In the list reflecting the work on individual investment accounts RSHB Asset Management took 4th place, and 7th place in the list of management companies serving the insurance business.
The company also ranked among the top-5 asset management companies as the most efficient and most retail management company.
2020 was a successful year for the company, including the launch of new and market-unique products. In June 2020, RSHB Asset Management and Moscow Exchange began trading in unit shares of the BPIF market financial instruments, "RSHB - Moscow Exchange Index - RSPP Vector of Sustainable Development, Full Profitability, Gross (RSHB Asset Management)", based on the principles of ESG. This fund was the first exchange-traded fund in Russia to comply with ESG standards and the only fund with a corresponding credit rating from RAEX-Europe at the level of BBB (esg).
"2020 was a successful year for the stock market. In 2021 we also plan to consolidate the company's status as one of the most dynamic, and expect an increase in the customer base by providing a wide range of services for retail, corporate and institutional investors," said Roman Serov, General Director of RSHB Asset Management.