OREANDA-NEWS. National Rating Agency has affirmed its 'A+' reliability rating on ActiveFinanceManagement LLC (AFM). The outlook for the rating is Stable. The company was first assigned NRA’s individual reliability rating of ‘BBB+’ in 2010. The rating was affirmed in 2011 and raised subsequently one notch in 2012, 2013 and 2014. AFM’s ‘A+’ rating was affirmed in 2015.

The current affirmation is driven by AFM’s consistently strong market position in its home region, increasing capitalization and profitable operations. NRA also notes the company’s consistently executed growth strategy, long track record of successful operations in the Russian stock market, experienced and highly skilled personnel and high operating standards.

The rating is constrained by AFM’s insufficient diversification by business line and a single-name concentration in the company’s assets under management.

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