Rating of NPF of Russia 2019 by profitability and reliability

If at the beginning of last year there were about 60 non-state pension funds (NPF) in Russia, then by the end there were just over 50 left. And if the processes of merging large NPFs continue, their number may soon decrease to forty.

However, even among this fifty, the choice is not easy. The 2019 NPF profitability rating comes to the rescue according to the statistics of the Bank of Russia and rating of NPF of Russia 2019 from "Expert RA" - one of the oldest rating agencies operating in the Russian Federation. In the reliability rating, NPFs are assessed according to several criteria:

• market position (this includes both the size of the client base and assets);
• the ability of heads of NPFs to manage risks and think over a development strategy;
• internal and external stressors.

NPF profitability rating for 2019 (data from the Central Bank)

According to the reporting forms OKUD 0420255 and OKUD 0420254, published on the official website of the Bank of Russia at the end of 2018.

2019 NPF reliability rating of Russia (Expert RA)

10. JSC NPF "Surgutneftegas"

Rating: AA

Opens the rating of the best non-state funds in terms of reliability in 2019, the brainchild of an oil company that has been on the market since 1995. The fund was engaged in pension savings in 2009. and then showed a phenomenal profitability - more than 40%.

In the future, NPF Surgutneftegaz failed to achieve such impressive figures. Its known maximum does not yet exceed 13%.

The AA rating means that this NPF can be trusted - both the level of creditworthiness and financial reliability are high and only slightly inferior to the leaders of the rating. Moreover, the NPF provides its reliability in a cunning way - the participants of the corporate pension program cannot terminate the once concluded agreement.

9. Diamond Autumn

Rating: AA

While NPF Surgutneftegaz owes the beginning of its existence to black gold, Almaznaya Osen has "risen" on precious stones mined from the permafrost of Yakutia by the employees of ALROSA. It is not surprising that the majority of the fund's clients are corporate.

Expert RA specialists highly appreciate the fund's ability to work with its shareholders. Most of the fund management data can be obtained by them effortlessly. The employees of the fund themselves are quite proud of the fact that even in the difficult crisis years for the company - 1998 and 2008 - they regularly and without delay paid pensions.

8. NPF "Alliance"

Rating: AA

Once upon a time, Alliance was part of the financial group of Allianz, one of the largest European insurers. However, two years ago it was bought out by Rostelecom under its corporate program. So at present, the fund primarily serves Rostelecom employees. Although usually the adherence of an NPF to a single corporate client raises suspicions among experts in the stability of the fund, in this case one should not be afraid of this circumstance. After all, Rostelecom is one of the largest players in the telecommunications market in Russia.

7. National NPF

Rating: AA

Like many other private pension funds in the Russian Federation, National was conceived as a tool for servicing the oil and gas corporation Tatneft and paying pensions to its employees.

And since the level of TATNEFT's creditworthiness is high, the position of National is considered among the NPFs one of the strongest. Even if difficult times come, Tatneft will lend its powerful financial leverage to the NPF. Although, like many other "specialized" funds, the assets of "National" are small. But there is no reason to doubt their quality, since more than 95% are considered by the experts of the Expert RA agency to be highly liquid.

6. Atomgarant

Rating: AA

While National specialized in oil workers, Atomgarant has been serving the needs of large enterprises in the field of nuclear energy since about the mid-90s, most of which are part of the Rosatom holding.

The high financial stability and good prospects of Rosatom also affect the degree of reliability of its NPF brainchild. Approximately half of all issued pension obligations fall on one client - the Rosenergoatom concern. And the NPF itself is trying to ensure a good return on its own pension reserves.

5. NPF Neftegarant

Rating: AA +

In October 2018, different NPFs - simply Neftegarant, Neftegarant-NPO and Soglasie-OPS - merged into a single NPF Neftegarant. This significantly increased both NPF assets and the volume of reserves, as well as the client base. According to the latest information, more than one and a half million people have already entrusted their money to the new fund.

In addition to ordinary citizens, about 350 enterprises have become clients of the new iteration of Neftegarant. So far, the forecasts for the future of the newly created NPF look good, although the cautious experts of Expert RA put the rating “developing” in the “Forecast” column.

4. Gazfond

Rating: AAA

In fourth place in the top 10 of the best private pension funds in Russia in 2019 is Gazfond - the first NPF in the list to be awarded an AAA rating. This means that it has the highest level of reliability and financial stability.

This version of the Gazfond NPF deals only with corporate clients, so if you have no relatives among the oil industry workers, you are not in danger of getting there. However, maybe this is for the better, because the statistics of the fund, according to experts, are overshadowed by the not too high profitability of pension reserves.

3. NPF Gazfond pension savings

Rating: AAA

But this "daughter" of "Gazfond" is already intended for everyone. Although 100% of its shares belong to the “elder brother” - NPF “Gazfond”, it is the fourth in the rating. Two years ago, the company absorbed several non-state pension funds, increasing its client base to more than 6 million people.

2. NPF VTB Pension Fund

Rating: AAA

The second position in the list of the largest and most reliable NPFs in Russia in 2019 is occupied by the pension fund, which is part of the influential VTB group. Experts from Expert RA highly appreciate both the volume of the fund's assets (over 197 billion rubles) and the level of work with shareholders, transparency and efficiency of management.

Approximately 90% of pension savings in this fund are highly profitable, and the NPF, as a wise housewife, does not keep all eggs in one basket. If you say it "economically", it means that the assets have a high level of diversification.

1. NPF of Sberbank

Rating: AAA

Sberbank - the most reliable bank in Russia, and NPF from this company is also the leader in reliability among Russian non-state pension funds.

The reason is the gigantic volume of assets, which covers the performance of other NPFs, like the brontosaurus of an armadillo. Compare the figure of 618 billion rubles with the indicators, for example, of the second place in the rating of the best private pension funds in Russia (197 billion rubles).

At the same time, the quality of assets is assessed by experts as high, and the placement of pension reserves gives a yield figure of more than 6.36%. Well, there is nothing to say about the client base, according to this indicator NPF "Sberbank" also takes the honorable first place.