The rating agency "Standard-Rating" is added to the register of authorized rating agencies of NSMSC, certificate №8 from 10.04.2012
Market of collective investment institutions: poor results with great prospects
08-11-2011
RA “Standard-Rating has published essential results of CII (collective investment institutions) research. 64 investment funds have taken part in this research. In the period from October 22, 2010 to October 21, 2011 general composite index, which includes 64 public investment funds and calculated by RA “Standard-Rating”, has decreased by 18%.The peak growth of composite indices for open, closed and interval funds was in February of 2011, and the peak decline occurred in October of 2011. All three composites for open, closed and interval funds very closely correlated with the index PFTS and UX. Analysis of fund managers activity according to the Sharpe ratio has shown that only 23 from 64 funds have demonstrated the level of management above the market average or close to effective one.
Essential results of research are available in the official edition of The State Commission for Regulation of Financial Services Markets «Ukraine Business Review» № 44 from 07.11.2011.