OREANDA-NEWS. National Rating Agency has affirmed its 'AA+' reliability rating on AGANA Asset Management LLC (AGANA AM).

The rating is supported by the reduced concentration of the company's customer base in certain business areas, e.g. in the managementof pension savings. Other positive factors are AGANA AM's good liquidity position, low ratios describing the investment risk, profitable business and strong profitability ratios. The company has a solid base of strategic partners and key clients and can rely on its owners' resource capacity and capability.

The rating is constrained by AGANA AM's low equity adequacy in relation to its fast-growing assets under management and the decreasing number of individually managed trust accounts. The company's diversification by business lines remains low, in our opinion.