According to AFS, Kazakhstan net pension assets reach KTZ1,956.1 billion ($13.3 billion) as of April 1, 2010
14.04.10 18:33
/IRBIS, April 14, 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 April 1,
2010 reached KTZ1,956.1 billion. (or equivalent of $13,308.7 million at the
weighted average exchange rate effective on the mentioned date).
Corresponding indicator as of March 1, 2010 is KTZ1,918.9 billion or $13,
025.5 million.
In March 2010 net assets of accumulative pension funds (APF) grew by
1.9% (by 2.2% in dollar terms) relative to the previous month.
As of the beginning of January 2010, the total sum of pension assets made
KZT1,919.6 bn., of which KZT1,882.0 bn. were invested.
During March 2010, there were four specialized organizations carrying out
pension assets investment management activity (PAIMO) and 14 APF. Ten
funds - Accumulative pension fund of Halyk Bank of Kazakhstan JSC, APF
SAPF JSC, SB JSC Bank TuranAlem JSC, APF BTA Kazakhstan JSC, APF
Capital JSC, APF Kazakhmys JSC, OAPF Otan JSC, OAPF AMANAT-
KAZAKHSTAN JSC, APF NefteGas-Dem JSC, APF REPUBLIC JSC and
Eurasian accumulated pension fund JSC which actually were PAIMO as
well, pension assets were controlled independently. Share of PA, which was
controlled by these funds, totaled 76.4% out of the entire amount of PA of
the republic, by the beginning of March, 2010 (as at March 1, 2010 -
76.5%).
The table below presents volumes of assets of each fund (KZT m., unless
otherwise indicated) and distribution of APF assets by PAIMO as of March
1, 2010. Figures in parentheses give the same picture as of March 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 117,082 +2.6 117,277 5.99,(5.96) 116,073
------------------------- --------- -------- --------- ------------- ---------
Total 117,082 +2.6 117,277 5.99,(5.96) 116,073
------------------------- --------- -------- --------- ------------- ---------
PAIMO.Orleu.JSC
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APF Korgau JSC* 19,343 -7.6 19,353 0.99,(1.09) 17,335
------------------------- --------- -------- --------- ------------- ---------
Total 19,343 -7.6 19,353 0.99,(1.09) 17,335
------------------------- --------- -------- --------- ------------- ---------
PAIMO ZHETYSU JSC
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APF.UlarUmit.JSC 266,744 +3.6 266,655 13.61,(13.36) 256,296
------------------------- --------- -------- --------- ------------- ---------
Total 266,744 +3.6 266,655 13.61,(13.36) 256,296
------------------------- --------- -------- --------- ------------- ---------
PAIMO Nur-Trust JSC
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OAPF.Atameken.JSC 58,648 +0.2 58,667 3.00,(3.05) 57,522
------------------------- --------- -------- --------- ------------- ---------
Total 58,648 +0.2 58,667 3.00,(3.05) 57,522
------------------------- --------- -------- --------- ------------- ---------
APF operating as pension assets management companies independently
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APF AMANAT-KAZAKHSTAN JSC 42,916 +2.4 42,972 2.19,(2.19) 42,478
APF NefteGas-Dem JSC 64,428 +2.2 64,548 3.30,(3.29) 64,098
Eurasian Accumulated 64,879 +3.1 65,160 3.33,(3.29) 64,262
pension fund JSC
APF REPUBLIC JSC 47,646 +3.4 47,724 2.44,(2.40) 47,267
APF SAPF JSC 308,522 +1.9 309,245 15.79,(15.81) 304,043
APF SB JSC Bank TuranAlem
BTA Kazakhstan JSC 198,009 -1.2 197,166 10.07,(10.40) 194,327
APF of Halyk
Bank of Kazakhstan JSC
598,405 +2.4 600,131 30.64,(30.47) 597,325
APF Kazakhmys 24,237 -0.4 24,283 1.24,(1.27) 23,212
OAPF Otan JSC 56,745 +1.1 56,883 2.90,(2.93) 56,366
APF Capital JSC 88,510 +2.6 88,709 4.53,(4.50) 88,611
------------------------- --------- -------- --------- ------------- ---------
Total 1,494,298 +1.8 1,496,821 76.42,(76.55) 1,481,990
------------------------- --------- -------- --------- ------------- ---------
TOTAL pension assets 1,956,115 +1.9 1,958,774 100.00 1,929,216
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* In April, 2009 PAIMO Orleu JSC controlled assets of APF Kograu JSC;
The biggest APF by the end of March 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 (30.6% of all PA in management). The
second place belongs to APF SAPF JSC (15.8%), the third place- APF Ular
Umit JSC (13.6%).
The highest asset growth rate in February, 2010 was recorded in APF
REPUBLIC JSC (4.0% in KZT terms). In absolute monetary terms on the
biggest amount of asset growth the leader is APF National Saving Bank of
Kazakhstan JSC (growth by KZT 15,295.8 m.). The second place by this
indicator belongs to APF Ular Umit JSC (by KZT 10,244.1 m.) and the third
place belongs to APF SAPF JSC (growth by KZT 5,675.3 m.).
Invested assets by financial instruments as of April 1, 2010 were
allocated as follows:
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As at As at As at
01.04.10 01.03.10 01.02.10
-------------------------------------- -------- -------- --------
Domestic GS of the Ministry of Finance
and the National Bank:
long-term 34.16 33.03 33.16
short-term 8.94 9.76 7.58
Stocks of foreign issuers
(foreign currencies):
stocks 2.62 2.61 2.62
corporate bonds 8.06 8.09 8.17
Foreign states' securities 0.16 0.28 1.17
Stocks of Kazakhstan companies:
1.96 1.91 3.96
stocks
bonds 10.03 10.14 10.54
Deposits and deposit certificates 25.71 25.63 25.46
in the National bank of Kazakhstan
and the second tier banks:
KZT
foreign currencies 5.71 5.40 4.30
Refined gold 0.42 0.43 0.44
Derivative instruments 0.74 0.76 0.43
Securities of international financial -0.01 -0.01 -0.01
organizations
-------------------------------------- -------- -------- --------
Funds on investment accounts
and other assets 1.50 1.97 2.18
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[2010-04-14]