According to AFS, Kazakhstan net pension assets reach KTZ2,129.6 billion ($14.4 billion) as of October 1, 2010
22.10.10 19:33
/IRBIS, October 22, 2010/ - According to the data of the Agency of the
Republic of Kazakhstan on Regulation and Supervision of Financial Market
and Financial Organizations (AFS), the total amount of net pension assets
(PA) in the republic (total pension assets excluding obligations on charged
commission interests, creditors' debts on pension payments) as of October
1, 2010 reached KTZ2,129.6 billion. (or equivalent of $14,431.1 million at
the weighted average exchange rate effective on the mentioned date).
Corresponding indicator as of September 1, 2010 is KTZ2,089.3 billion or
$14,158.1 million.
In September 2010 net assets of accumulative pension funds (APF) grew by
2.9% (by 1.9% in dollar terms) relative to the previous month.
As of the beginning of October 2010, the total sum of pension assets made
KZT2,129.8 bln., of which KZT2,098.6 bln. were invested.
Total for September 2010 in the republic were three specialized
organizations engaged in the investment management of pension assets
(OOIUPA), and 13 NPF. Nine funds - JSC "Accumulation Pension Fund of
the National Savings Bank of Kazakhstan", JSC "SPC" SAPF ", JSC NPF
BTA Kazakhstan" TO JSC "BTA Bank", JSC "SPC" Capital ", JSC" SPC
"Kazakhmys", JSC ONPF "Otan", JSC "SPC" Neftegaz-Dem ", JSC" SPC
"Respublica" and JSC "Eurasian NPF" managed pension assets
independently. The share of PA being managed by these funds was at the
beginning of October 2010 74.2% of the PA of the Republic (on September
1, 2010 - 74.2%).
The following table shows the amount of assets of each fund (million KZT,
unless otherwise indicated), as well as the distribution of assets of NPF on
OOIUPA on October 1, 2010. In parentheses are shown for comparison the
share of the funds and OOIUPA on September 1, 2010.
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Total assets
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Net % of all PA
pension of
Name of PAIMO / APF assets Trend, % Volume Kazakhstan Invested
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PAIMO GRANTUM Asset Management JSC
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GRANTUM APF JSC 139,902 +2.8 140,045 6.58 (6.52) 137,089
------------------------- --------- -------- --------- ------------- ---------
Total 139,902 +2.8 140,045 6.58 (6.52) 137,089
------------------------- --------- -------- --------- ------------- ---------
PAIMO Zhetisu JSC
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APF Ular Umit JSC* 299,784 +1.6 298,248 14.00 (14.05) 288,921
APF Amanat Kazakhstan JSC 47,002 +1.1 46,880 2.20 (2.22) 44,910
------------------------- --------- -------- --------- ------------- ---------
Total 346,786 +1.5 345,128 16.20 (16.27) 333,831
------------------------- --------- -------- --------- ------------- ---------
PAIMO Nur-Trust JSC
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OAPF.Atameken.JSC 64,166 +1.0 64,243 3.02 (3.05) 64,001
------------------------- --------- -------- --------- ------------- ---------
Total 64,166 +1.0 64,243 3.02 (3.05) 64,001
------------------------- --------- -------- --------- ------------- ---------
APF operating as pension assets management companies independently
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APF NefteGas-Dem JSC 73,043 +2.4 73,149 3.43 (3.42) 71,661
Eurasian APF JSC 70,652 +1.5 70,760 3.32 (3.34) 69,030
APF Respublica JSC 55,298 +1.7 55,431 2.60 (2.61) 55,066
APF SAPF JSC 349,285 +2.5 350,571 16.46 (16.37) 349,099
APF SB JSC BTA Bank
BTA Kazakhstan JSC 179,423 +0.7 178,516 8.38 (8.46) 176,390
APF of Halyk Savings
Bank of Kazakhstan JSC
665,164 +2.1 665,958 31.27 (31.24) 659,146
APF Kazakhmys 23,711 +0.9 23,684 1.11 (1.12) 22,667
OAPF Otan JSC 59,101 +0.6 59,107 2.78 (2.82) 57,988
APF Capital JSC 103,071 +3.0 103,255 4.85 (4.80) 102,639
------------------------- --------- -------- --------- ------------- ---------
Total 1,578,748 +2.0 1,580,432 74.20 (74.16) 1,563,685
------------------------- --------- -------- --------- ------------- ---------
TOTAL pension assets 2,129,602 +1.9 2,129,849 100.00 2,098,606
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The biggest APF by the end of September 2010 from the viewpoint of net
PA volume (in descending order of PA amount): APF National Saving Bank
of Kazakhstan JSC, APF SAPF JSC and APF Ular Ymit JSC.
By the volume of the managed assets APF National Savings Bank of
Kazakhstan JSC is still leading (31.3% of all PA in management). The
second place belongs to APF SAPF JSC (16.5%), the third place- APF Ular
Umit JSC (14.0%).
The highest asset growth rate in September, 2010 was recorded in APF
GRANTUM JSC (3.0% in KZT terms). In absolute monetary terms on the
biggest amount of asset growth the leader is APF National Savings Bank of
Kazakhstan JSC (growth by KZT13,369.4). The second place by this
indicator belongs to APF SPF JSC (by KZT8,679.9) and the third place
belongs to APF GRANTUM JSC (growth by KZT4,665.3).
Invested assets by financial instruments as of October 1, 2010 were
allocated as follows:
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As at As at As at
01.10.10 01.09.10 01.08.10
-------------------------------------- -------- -------- --------
Domestic GS of the Ministry of Finance
and the National Bank:
long-term 36.64 35.96 35.05
long-term in intern. currency
0.05 0.07 -
short-term 8.13 8.1 8.23
Stocks of foreign issuers
(foreign currencies):
stocks 2.05 2.45 2.38
corporate bonds 6.93 7.06 7.44
Foreign states' securities 1.94 3.29 3.53
Stocks of Kazakhstan companies:
2.00 2.01 2.05
stocks
bonds 8.38 8.55 8.69
Deposits and deposit certificates 25.29 23.35 23.49
in the National bank of Kazakhstan
and the second tier banks:
KZT
foreign currencies 5.65 5.65 6.37
Refined gold 0.33 0.33 0.34
Derivative instruments 1.17 1.13 1.11
Securities of international financial -0.03 -0.03 -0.03
organizations
-------------------------------------- -------- -------- --------
Funds on investment accounts
and other assets 1.47 2.07 1.35
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[2010-10-22]