Centras Securities becomes one of six investment companies in Kazakhstan authorized to manage pension assets

24.02.21 17:28
/KASE, February 24, 2021/ – Centras Securities (Almaty), a managing company of interval unit investment trusts, whose units are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated February 24, 2021: quote Centras Securities JSC is among 6 investment companies in Kazakhstan, authorized to manage pension assets. We are pleased to announce that our Company has been included in the list of investment companies authorized to manage pension assets. According to the Resolution of the AFR*, 6 out of 18 management companies that hold the Agency's licenses for investment portfolio management, meet the approved requirements. Centras Securities JSC has ** licenses to carry out activities in the securities market and has been successfully managing the assets of units investment trusts for more than 15 years. The Company manages three unit investment trusts: OUIT "Treasury", IUIT "Eurobonds Fund" and IUIT "Centras – Global Markets". Since 2015 IUIT "Eurobonds Fund" and IUIT "Centras – Global Markets" have been included in the official list of Kazakhstan Stock Exchange JSC. In order to be included in the register, the Company began the process of agreeing on the Investment Declaration for the trust management of pension assets. Also, in the near future, agreements will be concluded with the UAPF and the custodian bank. The Centras team will make every effort to ensure the quality management of clients' assets. Contact for more information: +7 (701) 301 95 89, +7 (701) 301 95 90, +7 (701) 301 95 91 * 15.02.2021 By the Board of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market as part of the implementation of the Act No.399-VI of the Republic of Kazakhstan dated 02.01.2021 "On Amendments and Additions to Certain Legislative Acts of the Republic of Kazakhstan on the Recovery of Economic Growth", Resolution No.29 "On Approval of Requirements for Investment Portfolio Managers who can be authorized to manage pension assets, as well as a list of financial instruments permitted for acquisition at the expense of these pension assets, and amendments and additions to the Resolution No. 10 of the Board of the National Bank of the Republic of Kazakhstan dated 03.02.2014 "On approval of the Rules for the implementation of investment portfolio management activities". ** License No. 0401200886 to engage in broker-dealer activities in the securities market with the right to maintain client accounts as a nominee holder dated September 22, 2004, issued by the Agency of the Republic of Kazakhstan for Regulation and Surveillance of Financial Market and Financial Organizations. License No. 0403200223 to engage in investment portfolio management activities without the right to attract voluntary pension contributions dated June 13, 2014, issued by the National Bank of the Republic of Kazakhstan. unquote [2021-02-24]