RESMI Finance & Investment House Announces 1H Results
OREANDA-NEWS. August 19, 2011. FIH RESMI sticks to a conservative investment strategy
Risk-weighed investment policy allowed FIH RESMI to avoid volatile revenues retaining high liquidity, reported the press-centre of KASE.
A balanced approach to running clients' assets based on own analytical platform allow FIH RESMI to retain market positions with account taken of trends and cyclical markets. Revenues from main brokerage and dealing transactions when compared with Y2010 H1 remained the same making up KZT16.1 m. Yield from assets management for the first half0year 2011 is as follows: IUT "RESMI Wage" - 6.64% APR, IUT "RESMI Mint Court" - 3.8% APR, investment financial portfolio IREF "Velikaya Stena" - 7.11% APR.
Commission fees from investment and trust management of assets made up KZT9.9 m. Revenues in the form of interest and dividends in the first half-year 2011 made up KZT146.6 m (for comparison, KZT5 m in 2010). The company kept its positions on short-term assets compared with last year, whereas short-term liabilities reduced 1.6 times.
It should also be mentioned that FIH RESMI keeps enhancing the service part, paying special attention to developing on-line platforms, including trading floor RESMI on-line Broker. For brokerage clients there is a service called "Sample Portfolio", which allows one to effectively run clients' assets and keep up with profitability requirements. Besides, a license for ETC exchange
transactions was obtained. "These are only few steps out of those in the pipeline, to provide clients with an optimum level of instruments in various trading floors", - it was said on the company's part.
"Correctional momentums and a sustainable liquidity level are prerequisites for a future leap. And stagnating market trends are seen as a chance for internal transformations, formation of the right investment strategy and product portfolio, which will jointly ensure high yield on investment for our clients and shareholders in the post-recession period", - stressed Aidar Ospanov, Chairman of FIH RESMI Management Board.
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