OREANDA-NEWS. July 05, 2010. As of July 1, 2010 asset management companies are allowed to hedge their investment portfolios with derivatives contracts. This will increase the effectiveness of collective investments due to a wider choice of products for building investment strategies.

This opportunity became available with subclauses 2 and 3 of the regulation "On minimizing the risks related to managing investment funds, allocating pension reserves, investing pension savings and housing allowances for the military" (approved by FFMS order No 09-45/pz-n dated November 10, 2009) coming into force.

This regulation sets forth requirements curbing the risks arising from trades executed by asset management companies managing open-ended and interval mutual investment funds (subclause 2) and pension reserves of non-state pension funds (subclause 3).

RTS invites asset management companies to attend workshops where the new investment opportunities will be brought to their attention.