OREANDA-NEWS. December 16, 2008. According to November 2008 results, the Management Company of the Bank of Moscow came as a leader in the market of open mutual investment funds with regard to raising shareholders’ funds, claims the data collected by InvestFunds.ru. The net inflow into the funds run by the Management Company of the Bank of Moscow reached 50,8 mln rubles.

The mutual investment fund "Birzhevaya ploschad – index MMVB" run by the Management Company of the Bank of Moscow has been topping the list of popularity among shareholders for two months now. Its raised amount in November exceeded 51,58 mln rubles (according to the data obtained from InvestFunds.ru, on the whole, the rating covered a total of 560 open and interval mutual investment funds).

Among the key criteria in the choice made by the shareholders of the mutual investment funds of the Bank of Moscow was their favourable rate of return. One example of this would be the November 2008 32,38% growth in the value of stocks of the "Zamoskvorechye – Russian power energy" fund which is also run by the Management Company of the Bank of Moscow. This index helped the fund to rank second in the InvestFunds.ru ratings surveying all open mutual investment funds operating in the Russian market (the total number of such funds being 467). Another fund run by the Management Company of the Bank of Moscow "Rublyovka – a money market fund" was rated among the top 3 open mutual investment funds with regard to revenue from the start of the year among 424 open mutual investment funds.

Elena Kasyanova, Director General of the Management Company of the Bank of Moscow, gave the following comment concerning these results: "The current situation when the shareholders need special attention and professional support has compelled us to introduce into operation a team of investment consultants. The coherent efficient work of the teams of the Management Company of the Bank of Moscow and of the branch offices and departments of the Bank of Moscow — our agent for operations with stocks - helps us to maintain efficiency in our work not only during the favourable periods in the financial markets, but also in times of rather complicated market conditions."