OOO “NRA” confirmed the AA credit rating of RWM Capital Asset Management.
Evaluation of the company is based on availability of major reliable partners and customers, high operational standards, experienced professional management team and acquired qualification in the chosen niche. The activity of the Company is profitable and the profitability ratios are high and growing steadily. The development strategy of the company is gradually and steadily implemented.
As before, low level of sufficiency of the equity capital as compared to the volume of assets under management as well as low diversification by areas of activity and high concentration of the client base are registered. In accordance with the specific nature of the business the portfolio of assets under management of the company is marked by average risks as well as low liquidity index.
The Closed Joint-Stock Company Management Company “RWM Capital" was established in 2005.
The primary shareholders of the Closed Joint-Stock Company Management Company “RWM Capital" are ZAO Investment Group “RWM Capital” (50.1%), Non-State Pension Fund Blagosostoyanie (19.9%) and OOO “Upravleniye Investitsiyami”. RWM Capital Asset Management was established to attract long-term investments into large-scale projects in different sectors of the Russian economy. The main beneficiary of RWM Capital Asset Management is the company management. During the year the changes of formal nature were made into the number of shareholders as a result of redistribution of the shares among the owners.
Web-site of the company: http://www.rwmcapital.ru
Core business of RWM Capital Asset Management management is the management of closed-end mutual funds. The company performs management of 9 funds. The assets of such funds are mostly concentrated in real estate. All such real estate objects have been commissioned and generate steady rent flow. The company suffered no loss due to the change of the market conditions. During the previous year the company established new closed-end mutual funds in accordance with its plans and thus the company has been steadily increasing its presence in the real estate investments sector. Two new funds were created: closed-end mutual hybrid fund “RWM Kapitalniy” and closed-end mutual real estate fund “RWM Sotsialniye Investitsii”. The company entered the real estate market of St. Petersburg. The company purchased the pool of apartments in Residential Complex «Petergofskiy Kaskad” and Business-Center “Sinop”. RWM Capital Asset Management continues to actively promote such product as “sale & leaseback” (SLB). In 2014 two objects (buildings of fitness clubs in Moscow) were added to the property of closed-end mutual real estate fund “RWM Stolichnaya Nedvizhimost № 1".
The company sees development perspectives in expansion of the line of closed-end mutual real estate funds (by means of establishment of rent closed-end mutual funds, residential real estate funds, business real estate funds (“Street Retail”) and creation of individual investment offers for point investment segments.
Based on the results of 2014 the size of assets under management amounts to 27,4 billion Rubles which is by 6,6% less than the number of the previous year and is caused by payment of proceeds to the stockholders. Profitability of the company’s activity remains high and shows positive momentum: based on the year results the dynamics of proceeds of the company amounted to +7% while the net profit of the company increased by 35% which was caused by receipt of remuneration. Profitability (ROA and ROE) amounted to 47% and 50 % respectively. Link to web-site of the Agency
http://ra-national.ru/press-center/press-releases/3674/
