NRA: REGION AM CJSC's Reliability Rating Affirmed at ‘AAA’
The rating is underpinned by belonging of the company to REGION Group, which keeps a leading market position, as well as a significant increase in assets under management and stable profitable activities. The company's business is well diversified both by activities and by customers. Among other positive factors supporting the current rating, the Agency highlights stable management team, high business reputation, broad and successful experience in the Russian stock market.
REGION Group was founded in 2002. It consists of four asset management companies: REGION AM CJSC, which is mainly providing management services for non-state pension funds; REGION Portfolio investments LLC and REGION Trust LLC, which specialize in asset management on the securities market; and REGION Development LLC, which manages assets on the real estate market. In addition to asset management companies, the REGION Group also includes REGION Investment Company CJSC, REGION Brokerage Company LLC, REGION Depository Company CJSC, REGION Leasing CJSC, RE-CON CJSC, and REGION Infrastructure LLC.
NRA’s analytical products, including ratings and the contents of this press release, are statements of NRA’s independent opinion as of the date they are expressed and not statements of fact or recommendations to make any investment decisions or conduct any stock market transactions. NRA is not responsible for any results obtained from the use of opinions and/or information contained in this press release.
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