OREANDA-NEWS. National Rating Agency has affirmed its reliability rating on Savings Management LLC at 'AA+'.

The rating affirmation reflects Savings Management's strong market position, increasing assets under management (AuM) and consistent revenue generation. The rating benefits from the company's supportive owners, effective management team with experience in asset management, well-balanced investment policy and efficiency in organizing its risk management system.

The rating remains constrained by the company's low diversification combined with the dominance of captive AuM. In case of changes in the non-state pension fund regulatory framework concerning the diversification of pension savings management between several asset managers, it will take us some time to evaluate Savings Management's ability to maintain control over its current AuM while retaining its market share.