OREANDA-NEWS. National Rating Agency has affirmed its ‘AAA’ reliability rating on Sberbank Asset Management Joint-Stock Company (Sberbank AM). The company was assigned the ‘AAA’ reliability rating on July 31, 2014.

Sberbank AM’s highest achievable reliability rating reflects its leadership market position, strong corporate government practices and efficiency in the area of business process and risk management organization. The company can leverage on Sberbank Group’s infrastructure to achieve different development goals and objectives. Sberbank AM enjoys an increasing market share and improves its profit margin. Its investment portfolio is low-risk and liquid due to the mix of investment instruments.

Although Sberbank AM’s product range is fairly well diversified, we note a markedly growing concentration risk, arising from increasing contribution of one of the company’s business lines to the overall revenue.

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