Company News & Press Releases

23 December 2011

On December 21, 2011 "Expert Rating" rating agency confirmed the infrastructural rating of the asset management company PrJSC "KINTO" at the level uaAA.amc (very high level of reliability).

Despite the decrease in net assets of funds under management that resulted from unfavorable situation on the domestic stock market, company’s losses for the 9 months of 2011 in comparison to the 9 months of 2010 decreased by 53.97% and amounted UAH 3 154 thousands. The company is making efforts to restore its profitability. During 9 months of 2011 company’s revenue reached UAH 23 054 thousands, which is 76.02% higher than for the same period of last year.

Agency positively assessed the efforts of "KINTO" as one of the first players of the Ukrainian private pension market. In 2011, the pension fund "Social standard" has celebrated its 7^th anniversary. Number of participants of the fund exceeded 5 300 people with 13.8% of average annual return since inception. The share of pension funds in the total net assets under management of the company increased by 0.84 percentage points and reached 5.19%. AMC "KINTO" and continues to gradually increase the share of pension funds in their assets.