The Central Bank of Russia published its Review of Key Indicators of Brokers for 2024 Q4, reporting that inflows of new funds into the stock market reached a three-year high and that retail investors deposited almost RUB 1.8 trillion into brokerage accounts by end-2024, including RUB 0.7 trillion in 2024 Q4. Most of these funds came from qualified investors. Over the year, the number of clients with assets in their accounts increased to five million and the average account size reached RUB 2.2 million. The total value of retail investor portfolios rose from RUB 9.2 trillion to RUB 10.6 trillion, with the strongest demand for money market exchange-traded funds offering daily income capitalisation as investors sought liquid, temporary placements amid stock market uncertainty. Bond investments became less sensitive to interest rate changes as the share of floating-rate instruments increased.
Central Bank of Russia 2025-03-12
Central Bank of Russia reports three-year high retail inflows to brokerage accounts driven by qualified investors
The Central Bank of Russia's Review of Key Indicators of Brokers for 2024 Q4 highlights a three-year high in stock market fund inflows, with retail investors depositing nearly RUB 1.8 trillion by year-end. Clients with assets rose to five million, and the average account size reached RUB 2.2 million. Retail investor portfolios grew to RUB 10.6 trillion, driven by demand for money market exchange-traded funds and an increased share of floating-rate bond instruments.