The value of assets managed by Russian investment management companies grew at a faster pace in the second quarter of 2025, increasing by 7.1%. The main factor behind this growth was increased inflows into unit investment funds (UIFs), which totaled ₽640.3 billion. Closed-end UIFs made up 63% of these inflows, while open-end and exchange-traded UIFs accounted for 22% and 13%, respectively.
Assets under management reached ₽29.7 trillion during the period. There was also rising interest in individual trust management strategies, as the number of contracts signed with retail clients rose by 25% to reach 122,000. Retail investors put ₽70 billion into funds under trust management, marking the highest quarterly net inflow over the past three years. As a result, retail investors’ asset portfolios increased to ₽2 trillion.
Further information can be found in the Review of Key Indicators of Management Companies for Q2 2025.
