Post sponsored by NewzEngine.com

MIL OSI Translation. Region: Russian Federation –

Source: Central Bank of Russia – Central Bank of Russia –

Trustees must take an individual approach to their clients when constructing investment portfolios, taking into account their financial situation, education and experience in the securities market. Draft guidance Bank of Russia published for public comment.

The document excludes the creation of so-called standard strategies, when a single investment profile was determined for all clients, and the portfolio was managed according to uniform rules. This will expand the offering of trust management strategies that best meet clients’ personal investment expectations and risk appetite.

Those who wish to purchase collective investment instruments can use mutual funds. Starting this year, it became possible to buy shares in IIS opened from management companies.

In addition, the Bank of Russia is improving the procedure for drawing up the investment profile of a client who enters into a trust management agreement. This will allow you to more accurately determine its goals and assess the acceptable risk.

Innovations will improve the quality of trust management and strengthen the protection of investor rights.

Preview photo: RUBEN M RAMOS / Shutterstock / Fotodom

Note; This information is raw content directly from the source of the information. This 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.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

MIL OSI News (multilanguage service)