According to the Pension Fund of the Russian Federation, the yield of the pension savings portfolio managed by Sberbank Asset Management in 1H20 has amounted to 11.24% per annum, which is the best result both among private asset management companies and compared to the public asset management company. At the same time, the portfolio yield for three years (from July 1, 2017 to June 30, 2020) was 9.48% per annum.
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Yevgeny Zaytsev, CEO, Sberbank Asset Management,
“The first half of the year was eventful, and the events were mostly negative for the stock markets. It has become a real test of the professionalism and appropriateness of the chosen strategy for all those that manage the funds of institutional investors. Our team not only confidently overcame a difficult period, but also showed the best result in six months. The key factor was a combination of a well-balanced long-term strategy and a flexible response to current market challenges. The decline in the pension savings portfolio did not exceed 0.5% in 1Q20 amid an unprecedented decline on the stock and commodity markets, which also became the best result among the top five companies for pension savings assets under the management.”
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Sberbank Asset Management is a largest (more than RUB 1 trln in assets under management, according to Expert RA as of December 31, 2019, concerning Sberbank Asset Management business companies) and one of the oldest and most successful asset management companies in Russia. The company’s investment team has extensive experience and expertise in managing funds of institutional clients. Sberbank Asset Management consistently maintains the highest reliability ratings by Expert RA (A++) and NRA (AAA). It has a wide profile of institutional clients such as non-state pensions funds, insurance companies, compensation, and endowment funds. Sberbank Asset Management manages the funds of 28 institutional clients, including Pension Fund of Russia, NPF SAFMAR, NPF Otkritie, NPF Surgutneftegaz, NPF Renaissance Pensions, The Federal Foundation for the Protection of Investors and Shareholders Rights and others.
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