The National Rating Agency (NRA) has confirmed a non-credit rating of reliability and quality of services to the RWM Capital management company according to the national scale of management companies for the Russian Federation at level “A|ru.am|” with a stable outlook, which suggests that the current rating level will be maintained for the next 12 months.
The RWM Capital management company specializes in the management of closed-end mutual funds. Currently, there are 20 closed-end mutual funds and 2 endowment funds under the management of RWM Capital Management Company JSC, the total value of assets of which exceeds 76 billion rubles.
The high expert assessment with confirmation of the rating at A+ level is due to the company's significant experience and competencies in the field of managing closed-end mutual funds, the investment quality of the asset portfolio under management, as well as to the quality of services being rendered to the clients. Separately, NRA experts have given a favorable assessment to the increase in assets under management and the growing profitability of the company's business.
Among the key positive factors highlighted in the NRA's rating evaluation are RWM Capital's extensive track record in the field of trust management, particularly in real estate asset management. Additionally, the robust risk management system in the management of closed-end mutual funds (CEMFs) received commendation. The company's strategic plans for expanding its fund portfolio under management, introducing new services, and broadening its sales channels were also recognized as positive indicators.
Conversely, rating constraints include a high concentration of business, moderate diversification of the client base, and moderate financial performance. However, it's worth noting that RWM Capital Management's profitability is assessed at market-level standards.
