Kazakh investment companies are seeing growth. Between January and May, assets grew by 40% in annual terms and profits reached 2 billion tenge. According to ranking.kz, the market managed to compensate for a fall that occurred end of April 2015. This was possible due to elimination of the National Investment Corporation of the National Bank, which manages the reserves and assets, from the general accounting of companies. There is a trend towards consolidation among companies managing investment portfolios. Top 10 leading institutions among 23 registered companies in the market saw their investments increase from 89.3% to 92.6% in 2015. 

 

 

Photo: etoday.kz

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