TKB Investment Partners – one of the largest non-State asset management company in Russia
Highest security rating from Rating Agency RAEX («Expert RA»)
9.8 bln USD
Assets under management
Position in the ranking of the Expert RA
in terms of assets under management
TKB Investment Partners (JSC) is the largest non-State asset management company in Russia with USD 8.8 billion of assets under management and advisory (as of 31.07.2022) and the highest reliability rating from the leading Russian Rating Agency RAEX («Expert RA»).
- Investment solutions
Actively managed portfolios can significantly outperform the market. Our investment team, which is one of the largest and most experienced in Russia, specialises in equity portfolio management, fixed income, balanced strategies and capital protection strategies.
Our investment strategies are tailor-made to meet our clients’ needs. Among our Russian and international clients are large non-state pension funds, insurance companies, non-profit organisations and private investors.
TKB Investment Partners (JSC) is the largest non-State asset management company in Russia. With USD 8.8 billion assets under management as at the end of July 2022, the company has offices in Moscow and St. Petersburg and is one of the largest managers in the world of long-only Russian investments for external clients, including some of the world’s largest pension funds, insurance companies, financial institutions, fund-of-funds and wealth managers.
With deep experience across all market capitalisations in listed securities, the autonomous full coverage buy-side team uses a proprietary investment process designed to deliver long term alpha in strategies including absolute return, high conviction and core equity products. Thorough research is performed throughout Russia, the Ukraine and Central Asia to identify best-in-breed companies, including direct site visits and regular meetings with senior executive management.
Products and strategies only where we have demonstrated expertise
Deep knowledge of the market with all investment professionals resident in Russia
Tailored strategies, responsive and fast servicing
Risk management an integral part of the investment process
Highest security rating from Rating Agency RAEX («Expert RA»): A++, Rating outlook — "stable".
Management of a diversified retail fund range
Seven open-ended mutual funds sold across Russia via extensive network of bank distributors
Asset classes include high conviction equity, balanced, fixed income and a fund of funds.
Management of Russian pension savings and reserves since 2003
Extensive client list across public and non-public sectors
Proprietary risk-budget approach to provide absolute return and conservative balanced strategies.
Dedicated institutional client products
Asset classes include listed securities, venture capital, private equity and real estate.
Russian, Emerging Europe and BRIC equity funds domiciled in Europe and Asia
Exclusive investment advisor to BNP Paribas Asset Management for all Russian asset classes.
”Sanctioned spring” on the Russian equity market
Sanctions crisis led to the Russian equity market drop by 24% YTD in USD terms and 38% in rouble terms, as of end of May 2022. Rouble gained 23% YTD against the dollar on the back of capital control, imbalance in export/import, and requirements to exporters to convert their FX revenue into roubles. Foreign investors were prohibited to sell their rouble holdings, and residents were prohibited to move more than USD 50 000 out of Russia. Exporters were obliged to sell 80% of foreign currency revenues. In May the requirement was reduced to 50%. The impact of sanctions on the01.07.2022
- Market Pulse
Coal embargo, Alrosa in the SDN list, IT sanctions ease and the key rate cut
The EU approved the fifth round of sanctions New sanction measures include: Ban on coal imports from Russia starting from August 2022 Full ban on transactions with 4 banks, which have previously been cut off from SWIFT: VTB Bank, Novikombank, Sovcombank and Bank Otkritie Ban on imports of selected categories of goods from Russia, including timber, cement, seafood and alcohol. Import restrictions are imposed on up to EUR 5.5 billion per year worth of goods Ban on the export to Russia of quantum computers, semiconductors and transport equipment. Export restrictions are imposed on up to EUR 10 billion per year11.04.2022