OREANDA-NEWS. April 27, 2011. CJSC Troika Dialog AM placed first in the rating “Largest mutual fund asset management companies during 1Q2011,” compiled by rating agency “RBC.Rating” using information from the Investfunds online portal. Troika Dialog AM’s total share of NAV in open-ended mutual funds as of March 31, 2011, totaled R22,288.92 mln, having grown by approximately R1.7 bln during the first quarter. Furthermore, net inflow (inflow of new assets into funds), according to the Investfunds data, totaled approximately R1.1 bln. Troika Dialog AM’s share of market-aggregate NAV totaled 17.47% (for open-ended and interval funds; for solely open-ended funds – 21.8%).

Placing second to fifth in the rating were Uralsib AM, Raiffeisen Capital, Alfa-Capital and Deutsche UFG Capital Management, respectively. Remarkably, the top-five asset managers account for more than half of all the market’s NAV under management.

Commenting upon the ranking results, Anton Rakhmanov, Managing Director at Troika Dialog AM, said, "We’re proud of our position in the rating, which shows that the steps we have taken to modernize the mutual fund offering were correct: Troika Dialog AM’s clients choose from among the market’s broadest offering, allowing them to diversify their portfolios in line with any market situation. What’s more, the product line is continuously adding new and promising strategies, such as, most recently, investments in precious metals companies and firms representing the infrastructure sector. All of this, together with the high quality of management, makes Troika Dialog AM’s products attractive for clients, as this ranking clearly shows."