RAEX (Expert RA) Affirms TKB Investment Partners’ (JSC) Rating at A++

RAEX Expert Agency affirmed the rating of and the service quality by TKB Investment Partners investment manager at А++ as “the exceptionally high/the highest credit rating and service quality” with the “stable” outlook.

Among positive factors, Expert RA named the performance of the managed market portfolios, the systemic investment process and highly structured risk management, and the top quality of its IT system. Other drivers behind the excellent rating are the highly reliable structure of assets under management and advisory along with asset liquidity and high diversification. The rating agency also emphasized the high capital adequacy level, broad client base, low infrastructure risks and high informational transparency.

According to Julia Katasonova, Junior Corporate Rating Director at RAEX (Expert RA), “In 2015, the Investment Manager grew its assets under management and advisory by 128% to RUB 276 bln which reinforced company’s financial performance and stability as sales of trust management services and net profit grew over 5-fold. Having anchor customers - Non-Governmental Pension Funds (NPF), most of whom are rated at А++ by RAEX (Expert RA) – ensures company’s stable cash flow viewed by the Agency as a support factor and improves the rating score”.

As of March 31, 2016 the assets under management of and advisory by TKB Investment Partners (JSC) reached RUB 294 bln. The 2015 annual monitoring of the asset trust management market by RAEX (Expert RA) graded TKB Investment Partners (JSC) as the 4th largest investment manager for the total managed assets, the 3rd in pension savings of NPFs, the 1st in total asset trust management for corporate customers and the 1st in insurers’ assets.