Long-Term Investments and High-Quality Estimation of Risk Profile Are Pledged to Develop Collective Investments in Russia

The Fleishman-Hillard Vanguard agency has provided PR support for the international conference «The appeal of collective investment funds for investors».

Top officials from management companies, fund heads, credit and rating agency heads, financial analysts and journalists discussed the main aspects of collective investments and their appeal to Russian and international investors. The Closed-End Mutual Investment Funds (ZPIF), were the main subject of discussion. Participants in the conference agreed that it is necessary to change the psychology of the investor, as Russian investors aren’t yet ready to set long-term goals, like their foreign colleagues.

Richard Hainsworth, President of the CFA Association (Russia) and RusRating national rating agency says: «ZPIF is a successful tool for investors, but in Russian conditions information about assets which enter into ZPIF, is opaque, therefore investors don’t buy them. Thus there is currently a demand in the market for investment products like ZPIF, as there is low interest on bank deposits abroad». Nevertheless foreign investors need the fullest information possible on potential assets.

The event took place with support of Scope Rating and RusRating credit and rating agencies, financial Management company «Bin Finam Group», and the BCS Financial Group. The following people acted as speakers at the event: Irina Ivanova, Head of development of Market of innovations and investments (MII) of JSC MICEX RTS, Kendrick D. White, General Director of Marchmont Capital Partners, Dr. Oliver Everling, General Director of Rating Evidence, Florian Schoeller, General Director of Scope rating agency, Denis Cherkasov, Senior investment manager of JSC RUSNANO, Vladimir Solovyev, CFA, General Director, Managing company “Raiffeisen Capital”, Andrey Ivanov, Director of assets management department, BCS Financial Group.

CFA institute – Is a global association of experts in the field of investment. It manages CFA and CIPM curriculum and examination programs worldwide, publishes research results, carries out programs of professional development and establishes recommended ethical professional standards and reporting on indicators within the investment sphere. The CFA institute totals over 105 000 members, which includes 95 000 graduated financial CFA analysts from 133 countries and regions and 135 affiliated professional communities in 58 countries and regions. More detailed information is presented at www.cfainstitute.org

CFA association (Russia) – Is a professional community in the investment market which combines portfolio managers, investment consultants, and other financial experts. Members of the Association are either working towards their CFA (Chartered Financial Analyst) certificate, or already possess it. You can find more detailed information at www.cfarussia.ru.