MILES AXLE Translation. Region: Russian Federation –
Source: Central Bank of Russia –
Trustees from January 1, 2025 will offer private investors only individual strategies.
When forming portfolios, they must take into account the clients’ financial situation, education and experience in the securities market, as well as information about their current investments and financial obligations. This will allow them to assess not only the client’s risk appetite, but also their ability to bear such risk.
Connection to standard strategies, when a single investment profile is defined for everyone, will now be unavailable. Previously concluded agreements providing for asset management according to uniform rules will continue to be valid until their expiration.
Investors who prefer collective investments will be able to invest in mutual investment funds.
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Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.
Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.