OREANDA-NEWS. National Rating Agency (NRA) has raised its reliability rating on BIN FINAM Group AM to ‘AA-’. The company’s reliability rating of ‘A-’from NRA was assigned on Dec.16, 2010. On Nov.22, 2011 it was raised to ‘A’, and on Nov.12, 2013, to ‘A+’.

The upgrade reflects BIN FINAM Group AM’s considerably growing total assets under management (AuM) and consistent capital growth, combined with its increasing profitability. Other rating strengths include the reduced share of low-liquid instruments in the company’s total assets, as well as its diversifying customer base. NRA notes BIN FINAM Group AM’s long track record of successful operations, its highly skilled management team and stable partner relations with its key clients.

NRA notes that the percentage of the company’s investments into one single instrument is close to a maximum admissible limit, which means that in the case of regulatory changes, the company may face difficulties related to the need of asset redistribution.

NRA’s analytical products, including ratings and the contents of this press release, are statements of NRA’s independent opinion as of the date they are expressed and not statements of fact or recommendations to make any investment decisions or conduct any stock market transactions. NRA is not responsible for any results obtained from the use of opinions and/or information contained in this press release.

While NRA has obtained information from sources it believes to be reliable, NRA does not guarantee that this information is perfectly correct, complete and accurate, as it does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives.