Client assets under management rise to ₽34.7 trillion
Investments in unit investment funds (UIFs) and returns on them were the key growth drivers as before. However, the net inflow of money into UIFs edged down in 2026 Q1 compared to the high values of 2025 Q4. Nevertheless, it was notably higher than in 2025 Q1.
Closed-end UIFs showed the highest growth, driven by corporate UIFs. The net inflow into these funds soared five times in the first quarter to ₽325 billion.
Contrastingly, retail investments in open-end and exchange-traded UIFs declined by 5.7% to ₽382 billion. Unit holders tended to opt for strategies focused on bonds and money market instruments. Households continue to show demand for debt instruments amid monetary easing.
Assets under trust management hit a new all-time high of ₽3.5 trillion. The market continued to adapt to the cancellation of standard strategies that used to focus primarily on retail clients. The outflow of funds from such strategies decreased noticeably. Investors preferred individual management. Investments amounted to ₽70 billion, with qualified investors being the major contributors.
More details are available in the Review of Key Indicators of Management Companies for 2026 Q1.