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KSP Capital Asset Management LLC and NPF European Pension Fund has concluded an agreement on trust management of pension savings


KSP Capital Asset Management LLC and NPF European Pension Fund has concluded an agreement on trust management of pension savings.

NPF European Pension Fund provides Western standards of customer service and individual retirement solutions. It has many years of successful experience in the Russian market. The Fund is a leader in the pension industry in terms of profitability. 60,3% accumulated investment yield on the pension savings accrued on customer accounts under contracts on obligatory pension insurance for 2009 – 2011. Main shareholder of the European pension Fund is the European Bank for reconstruction and development (EBRD).

According to General Director of KSP Capital Asset Management LLC Ms. Yulia Korotkova, the conclusion of the contract "is a continuation of a longstanding and fruitful cooperation between our company and the Fund, which resulted in stable income allocable to the accounts of depositors of the Fund on contracts for supplementary pension".