OREANDA-NEWS. National Rating Agency has assigned its 'AA-' reliability rating to BCS AM CJSC.

The rating reflects BCS AM's stable market position, increasing assets under management and consistent revenue generation. The rating recognizes the high propensity of owner support, the company's effective management team with a considerable experience in asset management, good business diversification, well-balanced investment policy and sophisticated risk management system.

Founded in 1998, BCS AM is an engaged in managing mutual funds, pension assets, insurance reserves and individual investment portfolios. The company is part of BrokerCreditService Group (BCS FG), which has been active in the Russian market since 1995. Currently, the Group is one of the leaders of the Russian brokerage market, while its member companies are engaged in asset management, banking and depository services and offer access to international trading platforms. BCS FG's beneficiary owner is Oleg Mikhasenko. The Group's asset management unit is headed by Edward Golosov.