According to AFS, Kazakhstan net pension assets reach KTZ2,275.7 billion ($15.5 billion) as of February 1, 2011
/IRBIS, February 23, 2011/ - 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 February 1, 2011 reached KTZ2,275.7 billion. (or equivalent of $15,495.0 million at the weighted average exchange rate effective on the mentioned date). Corresponding indicator as of January 1, 2010 is KTZ2,258.2 billion or $15,309.8 million.
In January 2011 net assets of accumulative pension funds (APF) grew by 0.8% (by 1.2% in dollar terms) relative to the previous month.
As of the beginning of February 2010, the total sum of pension assets made KZT2,207.7 bln., of which KZT2,180.0 bln. were invested.
Total for January 2010 in the country worked three specialized organizations engaged in investment management of pension assets (IMPA), and 13 of the NPF. Nine funds - JSC "Accumulation Pension Fund of the People's Savings Bank of Kazakhstan", JSC "SPC" SAPF, JSC NPF BTA Kazakhstan TO BTA Bank "JSC," SPF "Capital", JSC "SPC" Kazakhmys " JSC "OSPF" Otan ", JSC" SPC "Oil & Gas-Dem", JSC "SPC" Republic "and Eurasian NPF managers of pension assets on their own. The share of the PA under management of those funds was at the beginning of February 2011 73.9% of the PA of the country (on January 1, 2011 - 74.1%).
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 February 1, 2011. In parentheses are shown for comparison the share of the funds and OOIUPA on January 1, 2011.
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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 152,313 +1.5 152,569 6.70 (6.65) 146,304
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Total 152,313 +1.5 152,569 6.70 (6.65) 146,304
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PAIMO Zhetisu JSC
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APF Ular Umit JSC* 321,944 +1.4 322,168 14.15 (14.04) 311,301
APF Amanat Kazakhstan JSC 51,780 +2.2 51,789 2.28 (2.25) 49,912
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Total 373,724 +1.5 373,956 16.43 (16.28) 361,213
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PAIMO Nur-Trust JSC
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OAPF.Atameken.JSC 68,422 +0.9 68,484 3.01 (3.00) 67,923
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Total 68,422 +0.9 68,484 3.01 (3.00) 67,923
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APF operating as pension assets management companies independently
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APF NefteGas-Dem JSC 78,537 +1.2 78,614 3.45 (3.44) 77,515
APF Eurasian JSC 74,620 +1.8 74,740 3.28 (3.25) 72,211
APF Respublica JSC 58,792 +1.1 58,882 2.59 (2.58) 58,620
APF SAPF JSC 380,491 +1.3 381,115 16.74 (16.64) 368,220
APF SB JSC BTA Bank
BTA Kazakhstan JSC 163,743 -7.8 160,299 7.04 (7.81) 156,139
APF of Halyk Savings
Bank of Kazakhstan JSC
725,473 +1.9 727,822 31.98 (31.59) 708,893
APF Kazakhmys 24,819 +0.6 24,815 1.09 (1.09) 23,866
OAPF Otan JSC 62,365 -0.2 62,262 2.74 (2.77) 60,955
APF Capital JSC 112,450 +1.7 112,621 4.95 (4.90) 111,876
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Total 1,681,289 +0.5 1,681,170 73.86 (74.06) 1,638,294
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TOTAL pension assets 2,275,748 +0.8 2,276,179 100.00 2,213,734
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The biggest APF by the end of January 2011 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 (32.0% of all PA in management). The second place belongs to APF SAPF JSC (16.4%), the third place- APF Ular Umit JSC (14.2%).
The highest asset growth rate in January, 2011 was recorded in APF AMANAT KAZAKHSTAN JSC (2.2% 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 KZT13,866.0). The second place by this indicator belongs to APF SPF JSC (by KZT8,066.4) and the third place belongs to APF UlarUmit JSC (growth by KZT4,887.2).
Invested assets by financial instruments as of February 1, 2011 were allocated as follows:
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As at As at As at
01.02.11 01.01.11 01.12.10
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Domestic GS of the Ministry of Finance
and the National Bank:
long-term 36.94 36.46 37.03
long-term in intern. currency
0.05 0.17 0.05
short-term 7.09 7.64 9.93
Stocks of foreign issuers
(foreign currencies):
stocks 1.83 2.08 2.13
corporate bonds 6.03 6.15 6.20
Foreign states' securities 1.13 1.39 1.18
Stocks of Kazakhstan companies:
1.97 1.93 2.13
stocks
bonds 8.20 8.36 8.37
Deposits and deposit certificates 24.55 25.12 24.79
in the National bank of Kazakhstan
and the second tier banks:
KZT
foreign currencies 7.50 7.16 5.29
Refined gold 0.64 0.64 0.32
Derivative instruments 1.26 1.32 1.33
Securities of international financial -0.01 -0.03 -0.03
organizations
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Funds on investment accounts
and other assets 2.74 1.61 1.25
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[2011-02-23]