National Rating Agency (NRA) upgrades RSHB Asset Management non-credit rating to “AAА|ru.am|” with a stable outlook

The non-credit rating of RSHB Asset Management upgraded to reflect the positive dynamic of assets under management and increase in retail client base.

NRA also positively assessed the completion of the company’s mobile application development and its website update, which significantly improved the quality of the company’s services. The rating upgrade was influenced by the presence of exchange-traded funds in line that are based on the indices of the vector of sustainable development (ESG) developed by the Russian Union of Industrialists and Entrepreneurs and Moscow Exchange.

RSHB Asset Management follows high standards of corporate governance, as well as professional management and personnel. At the end of 2020, the company showed a positive dynamics of assets under management (+37% year-on-year).

“A rating upgrade is a very significant moment for the company and reflects the right development strategy. We do everything to comply with the high rating and provide the most comfortable investment conditions for our clients,” said Roman Serov, General Director of RSHB Asset Management.