The National Endowment Association (NAE) has conducted a survey of endowment funds in trust by management companies at the end of 2023.
RWM Capital Management Company ranked 2th by the volume of assets of endowment funds under management. The company’s position has risen by two points in the rating compared to the previous year's result. Currently the company manages two endowment funds with joint net asset value of 15.8 billion rubles.
"The endowment fund market in Russia is gradually developing, we see how the market situation is changing and approaches to choosing management companies are being standardized. This process is becoming more transparent and informed. We see the potential of this area, believe that it will develop and we are ready to support this trend,” says Felix Blinov, CEO of RWM Capital Investment Group.
