Pallada Asset Management

CJSC "Pallada Asset Management" is the oldest Russian management company specializing in asset management. Russian and foreign citizens, pension funds, insurance companies, investment funds as well as other organizations entrust the company the management of their money. The company head office locates in Moscow. It is a part of Investment Group Russian Funds.[1] National rating agency assigned the company “A+” individual reliability rating (this means high reliability – first level) and “stable” forecast.

Pallada Asset Management
Closed Joint Stock Company
Industryassets management
Founded1995
Headquarters
Moscow
Key people
Ivan Yurjevich Rudenko (general director)
Websitehttp://www.pallada.ru

General asset management sum in 2010 is over 6 billions rubles.

The agents of the “Pallada Asset Management” funds appears in over 100 cities and towns of Russia including such as Krasnodar, Saint-Petersburg, Ufa, Volgograd, Ekaterinburg, Nizhni Novgorod, Novosibirsk, Kaliningrad, Vladivostok, Khabarovsk.

History

CJSC “Pallada Asset Management” was one of the first in Russia who has registered unit trust “Pallada – state securities fund” in 1996 (that became OEIF “Pallada – bonds” since 2006). The company manages pension funds[2] of Russian Federation pension fund since year 2003. In 2010 CJSC “Pallada Asset Management” acquired in management the unit trusts formerly managed by management company “RBusiness” previously known as management company of Rosbank.[3][4][5] (OEIFMI “Granat”, OEIFB “Sapfir”, OIF “Izumrud – index MICEX”, OEIFMI “Topaz”, IMFS “Almaz” and IUIBF “Ametist”), as well as unit trust formerly managed by “Management company Alemar” Ltd (OEIF “Alemar – stock fund”, OEIF “Alemar – bond fund”, OEIFMI “Alemar – active operations”).[6]

Management

General director – Ivan Yurjevich Rudenko.[7] He is employed in “Russian Funds” company since 2003. He took such posts analyst, trader, deputy chief of financing attraction department, head of the bank investing department of Russian Funds Investment Group. Except of general management he is chairman of Investment Committee and takes the final decisions about general asset management strategy.

Activity

At present the Company manages assets of 15 unit trusts. A service “VIP Unit trust” is enabled.

Asset management “AM”

The company provides asset management services since 1996.

  • Long-term clients asset management experience;
  • Unique investment strategies;
  • Effective risk monitoring system based on the modern techniques;
  • Continuous monitoring of current financial markets situation;
  • Personal manager and individual clients approach
  • Regular reports concerning investment portfolio situation;
  • Confidentiality of the operations performed.

Stock-market asset management “SMAM”

Stock-market asset management is the unique service combining investment advantages of the individual asset management at low threshold entry. The advantages of asset management that the SMAM client receives:

  • Wider investment possibilities in comparison with unit trusts – no limits for purchasing stocks without admitted quotations and the lack of limitations for investment into one issuer stocks.
  • Wide choice of basic investment strategies
  • Active management strategy application
  • Personal manager for assigned to Client.

References
  1. Kommersant newspaper website
  2. Reuters Business news
  3. Kommersant newspaper website
  4. detailed information about transfer of authority and obligations within contracts of unit trusts asset management from “RBusiness Asset Management” LLC to CJSC “Pallada Asset Management”.
  5. detailed information about transfer of authority and obligations within contracts of unit trusts asset management from “RBusiness Asset Management” LLC to CJSC “Pallada Asset Management” in Questions and Answers.
  6. Vedomosti newspaper website
  7. Finance magazine website
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