The Central Bank of Russia published its Review of Key Indicators of Management Companies for 2024 Q4, showing that the value of assets managed by management companies increased to RUB 26.3 trillion in 2024, up 25.8% from late 2023, and that money market exchange-traded unit investment funds (UIFs) became the main retail trend. Growth in assets under management was mainly driven by closed-end UIFs, supported by the expansion of individual closed-end UIFs and sustained investor appetite for real estate funds in 2024 Q4. In the retail segment, money market exchange-traded UIFs accounted for nearly the entire net inflow, peaking in 2024 Q4 at a historic high of RUB 452 billion; the weighted average return on ruble-denominated money market exchange-traded UIFs was 18.1% in 2024.
Central Bank of Russia 2025-03-07
Central Bank of Russia reports management company assets rose to RUB 26.3 trillion in 2024 as money market exchange-traded unit investment funds dominated retail inflows
The Central Bank of Russia's review for 2024 Q4 reveals a 25.8% increase in assets managed by management companies, reaching RUB 26.3 trillion. Growth was primarily driven by closed-end unit investment funds (UIFs) and a strong retail trend towards money market exchange-traded UIFs, which saw net inflows of RUB 452 billion and a weighted average return of 18.1%.