Trust money management - step-by-step instructions on how to invest + rating of TOP-5 management companies

A person may have good capital, but lack the skills to manage it. In this case, he will come to his aid trust money management. Professional market participants will take control of any property of the owner or his funds, and then begin to make transactions with him in such a way as to ultimately make a profit. There are different types of remote control, each with its own advantages and disadvantages.
From this article you will learn:

1. What is trust management (TD)?
2. Features of concluding a remote control agreement
3. Features of trust management
4. Profitability of trust management
5. Pros and cons of remote control
6. Who can carry out remote control?
7. Classification of types of trust management
8. Types of trust management
9. How to choose a suitable management company?
10. Rating of remote control companies
11. How not to confuse remote control with HYIPs and pyramids?
12. Conclusion

What is trust management (TD)?

Trust management (FM) is the transfer of funds or other property for temporary use to any organization that has experience in the investment market in order to increase the transferred funds for an appropriate fee.

In simple words, the meaning of the management agreement is that a qualified specialist receives some assets of the owner for temporary use. It can be:

• cash;
• real estate objects – apartment, house, retail space, warehouses, etc.;
• securities - stocks, bonds, shares, shares, etc.;
• movable property, such as a car;
• objects of intellectual activity – copyrights, patents, etc.

The manager does not become the owner of the transferred assets, but can still make transactions with them. For example, if we are talking about money, then there are many options where you can invest money - stocks, bonds, bills, mutual funds, etc., or you can trade with it on the derivatives or foreign exchange market. If real estate is transferred to trust management, the manager can rent it out or mortgage it, receiving funds that will subsequently be invested.

The essence of trust management is to ensure that the investor's capital continuously grows without his participation . In fact, this is a way to generate passive income.

The owner of the assets is required to determine in advance the acceptable investment strategy, acceptable risks and desired profitability. Based on this, you should choose an investment option, a management company and a specific manager.

Concept and objects of remote control

Trust management is the transfer of property from one party (the management founder) to another (the manager) for a certain period of time for the purpose of managing it in the interests of the owner. In this case, the ownership right is not transferred, but remains with the founder of the management. Regulated by the Civil Code.

What can be transferred to the remote control:

• enterprises;
• real estate (buildings, structures, land);
• securities (stocks, bonds);
• rights to use the result of intellectual activity;
• other property (vehicles, etc.).

The Civil Code specifically states that funds cannot be an independent object of trust management. But there are exceptions. For example, transferring money to a bank. In this case, he acts as a manager. And this type of remote control is used by millions of Russians when opening deposits. Another example is the transfer of your capital to a management company for investing it on the stock market through mutual funds, individual investment insurance, and investment life insurance.

In what cases is the remote control service in demand:

1. Lack of time. Especially when there are several control objects. For example, a person has several apartments or commercial properties that he would like to rent out. Without a management company, he will have to independently look for tenants, enter into contracts, collect rent, maintain order, respond to conflict situations with neighbors, and do routine repairs.
2. Absence of the owner of movable or immovable property at the location of these assets. For example, living in another city or country, constant long business trips.
3. Elementary reluctance to deal with all emerging issues related to asset management.
4. Lack of financial literacy, when the owner simply does not know what and how to do in order to receive a stable income from his property.

The founders of the management are individuals and legal entities. By law, only legal entities or individual entrepreneurs can be trustees. There are exceptions for the administration of a ward's inheritance or property. In such cases, non-profit organizations and individuals are allowed to act as managers. State bodies and local governments cannot provide remote control services.

Features of trust management

Trust management is a fairly broad area. Literally anything that can generate income in the future can act as trusted property. But most often money is transferred to the control center.

Trust money management has its own characteristics:

• the investor must be prepared for increased risks - income is not always predictable, in the short term a decrease in profits is possible, and in the long term the manager’s strategy may turn out to be unprofitable;
• it is necessary to discuss in advance the scope of investment of funds - for example, the manager invests money only in the stock market or speculates on currency pairs on Forex;
• profitability in the past does not guarantee the same profitability in the future - therefore, you should not expect that just because this company earned 20% per annum last year, it means that in 5 years it will double the capital of investors;
• losses can occur due to currency revaluation - for example, if investments were made in dollars, but the investor needs rubles, then if the dollar exchange rate declines, a loss is possible (for example, the exchange rate fell by 5% over the year, and the return on investment was 3%, resulting in loss of 2%);
• money in a trust account is not insured like bank deposits, so if there are losses you will have to accept them.

Another important point . Despite the fact that trust management is a form of passive income, the investor needs to choose the moment of entry wisely. If you enter an overheated market, no matter how talented the manager is, he will not be able to make enough profit when the market goes down. Especially if the strategy does not include the use of short positions and hedging transactions.

Profitability of trust management

It is also necessary to analyze the strategy used by the manager. If he invests mainly in bonds and funds, then the profit will be more predictable, especially over the long term. Here, in principle, the past performance of fiduciary management of funds will generally correspond to future returns.

If the emphasis is on stocks, then the investment result is more unpredictable. If in the first year a manager can make 40% of the profit, then in the next year he can lose 20% of his capital with the same probability. Moreover, if one year it was possible to achieve increased profit, then the next year, most likely, a loss will be recorded - markets are always cyclical. You need to be prepared for this.

In general, the profitability of managers should be looked at over the long term and compared with a benchmark. For example, if a fund or private manager invests in Russian corporate bonds, then the yield should be compared with the RUCBITR corporate bond index or the RUABITR composite index, which includes government and corporate bonds. If the asset manager invests in shares, then the RTS index, Moscow Exchange index or blue chip index are suitable for comparison, depending on the assets included in the portfolio.

In general, if a manager’s profitability is greater than the benchmark, then his trading can be considered successful. This applies to both profitable and unprofitable periods. For example, if in a good year the index grew by 20%, and the manager received 25%, then this is an excellent result. If in a bad year the index fell 10%, but the trustee lost only 5%, then that’s also good. This means that he manages to work ahead of the curve, and in the long run he will earn more than the profit of passive investing in the index.

Pros and cons of remote control

The most important and obvious advantage of trust money management is that for an investor it looks completely like passive income. The owner of the assets simply transfers them under an agreement to a professional broker, and he then generates income. This is useful if the investor himself does not have the necessary knowledge and skills, or he simply does not have time for active management.

Other advantages:

• legal protection - assets transferred under trust cannot be appropriated by the manager or purposefully sold at a loss;
• control - the investor himself determines possible risks, investment strategy and prescribes restrictions under which capital must be withdrawn;
• tax benefits - if you open a trust account on an individual investment account, you can get additional profit due to tax preferences;
• the possibility of protecting capital and obtaining a certain return - for example, in structured products there is a “fork”: a minimum return, for example, 5%, and a maximum, for example, 20%, or the loss is limited (usually at the level of 95% of capital);
• capitalization of interest - the manager reinvests the profit received from coupons, dividends and capital gains, as a result he can get a more impressive financial result.

There are also such unobvious advantages due to the peculiarities of legislation in the field of trust capital management:

• upon divorce, assets transferred to the trust are not considered jointly acquired property and are not divided (exception - if otherwise specified in the marriage contract);
• in case of bankruptcy, funds for the trust are not included in the bankruptcy estate;
• when transferring assets in trust to offshore companies, you can avoid paying taxes in the Russian Federation (but offshore funds are a priori more risky than those located in Russian jurisdiction);
• If you wish, you can hide your identity, i.e. funds will be transferred to the trust anonymously - this is useful if it is necessary to hide capital and protect privacy.

Disadvantages of remote control

But you should also take into account the disadvantages of trust money management :

• lack of sufficient transparency - not all funds and managers publish reports in sufficient form; throughout the day it is not clear what transactions are opened and closed;
• high commissions – when investing passively in the same ETFs, commissions are an order of magnitude lower (at the level of hundredths of a percent; in funds, commissions can reach 3-5% per year);
• the profit is additionally “eaten up” by the fund’s costs;
• Profitability in most cases is not guaranteed.

There are also non-trading risks that have to be kept in mind. For example, a deliberate loss of capital by a manager or the “mysterious” disappearance of a trust management company. But, as a rule, this only applies to outright fraudulent funds. If the remote control company has all the licenses and permits from the Central Bank of Russia and is registered in the Russian Federation, then such problems do not arise.

Who can carry out remote control?

No company or individual can simply provide trust management services for money and other assets. To do this, you need special permission from the regulatory authority - a license. The exception is the Forex market - but in principle it is not regulated, therefore the services provided by a Forex broker are not subject to control and, accordingly, licensing.

In accordance with Article 1015 of the Civil Code of the Russian Federation, a trustee may act as:

• individual entrepreneur;
• commercial organization;
• non-profit organization;
• citizen (individual).

At the same time, a unitary enterprise, partnership, state or municipal body cannot act as a manager.

Most often, banks, brokerage houses, and private dealers act as trustees. For example, Sberbank Asset Management, Finam, Dokhod, Arsagera, etc. Most management companies (MCs) are closely associated with banks or are their subsidiaries.

Classification of types of trust management

Based on the nature of the interaction between the manager and the client, the following types of trust money management are distinguished:

1. Complete – the client transfers full control over the account to the management company. The manager himself invests funds at his own discretion (acting, of course, in accordance with the strategy). Here, investor participation is minimal, and income, in principle, is unlimited.

   

2. By agreement , the manager finds a good moment to enter the market, contacts the client and informs him about the idea. Having received the go-ahead, the management company implements the strategy. Here the investor gains some control over his funds. If a deal seems dubious to him, he can block its execution. The manager will not do anything with the money without the client's permission.
3. By order – here it’s the other way around: the investor himself calls the manager and orders the purchase/sale of assets. In fact, the management company plays the role of a technical worker who simply carries out the client’s orders. This method is suitable if the investor does not have the necessary technical training or simply does not have the time to deal with all the technical issues. This method of management implies that the investor himself is deeply immersed in the market.

   

Which method to choose depends on the investor’s approach. If he is really immersed in the financial situation and wants to completely control the process, then he should choose a remote control by order. If you just want to transfer money to a professional trader and wait for the result, then full management.

An important point: if we talk about trust management of assets, for example, real estate or transport, then it is better to choose the “middle” option, i.e. by agreement. The manager will search for the best way to make money on assets, and the investor will choose a specific approach.

Types of trust management

There are various forms of trust management of funds. Each has its own capabilities, risks, management features and entry threshold. Each investor needs to choose the method that is most suitable for him to transfer money to trust management.

Structured Products

The easiest way is to buy a special structured product from a bank or private broker. It works like this:

• the investor transfers certain capital to the manager;
• the manager invests part of the funds, for example, 95%, in a reliable asset - a deposit or OFZ;
• the other part of the funds (the balance) is invested in various assets - most often in shares of a certain company for a specific investment idea, for example, counting on the growth of Apple quotes;
• at the end of the investment period, money is transferred to the client: guaranteed reward + bonus if the investment idea is justified.

Features of trust money management through structured products:

• If the investment idea fails (Apple shares never reach the desired value), then the premium is paid in a smaller amount or not paid at all (if the quotes went below the initial value).
• Guaranteed income may vary. Usually it is 5-10% per annum. The more money an investor invests in the “guaranteed” part, the more risks are protected, but the lower the potential profit.
• Structured products are convenient for novice investors who do not want to analyze the market and rely entirely on the opinions of professional traders. The threshold for entry into them is quite high - usually from 100 thousand rubles.
• The advantage of structured products is that the investor will receive at least some return, and there is practically no risk of loss of capital (but at the same time, of course, it is possible to increase the plan for possible profitability due to the greater risk part).
• The disadvantage of this method is that the funds will not be diversified: in fact, the investor is betting on only two assets. When trading independently or when transferring funds to funds, you can diversify much more widely and thereby reduce risks.

Mutual funds, mutual funds and ETFs

One of the most popular ways to use the trust money management service is by investing in various funds. Managers invest investors' funds in assets that are specified in the rules, for example, in shares of a certain country, Eurobonds or OFZs. There are funds of funds that invest in other funds or serve as “wrappers” for ETFs that are not available for purchase by individuals. If real estate funds, which spend investors' funds to purchase real estate and resell or rent it out.

The most reliable, but also insufficiently profitable, are bond and Eurobond funds. Mixed funds provide greater profits with moderate risk.

The main advantage of the funds is wide diversification of assets. Funds, due to the large volume of funds under management, can invest in hundreds and even thousands of issuers. Therefore, even with a small contribution, fund clients receive several shares or bonds “under the hood” at once.

In Russia, the most common types are:

1. Mutual funds (

Mutual Funds
)
are actively managed funds. In accordance with the strategy, managers form an investment portfolio, for example, from blue chip shares on the Russian stock market. The greater the value of the assets managed by a mutual fund, the more expensive its share is worth. The investor’s task is to buy a share cheaper and sell it at a higher price. In the future, mutual fund shares grow due to the appreciation of assets and the reinvestment of coupons and dividends.

Peculiarities:

• Through active management, mutual funds can both beat the market and receive income even lower than deposits. Therefore, you need to look at the skill of managers and strategy - i.e. where exactly do funds invest money?
• Mutual fund commissions can reach 3-5% per year. Typically, 1% is taken upon purchase, and 1% upon redemption, and about 1-2% is taken for management. You can reduce costs if you sell shares after 3 years of ownership - then you can receive a tax deduction in the amount of 3 million rubles for each year of ownership.

2. Exchange-traded funds (

ETFs
-
Unlike actively managed ETFs, ETFs follow a passive investment strategy and follow an index. For example, the famous SPY tracks the S&P500 index, which includes more than 500 US companies with maximum capitalization. QQQ invests in shares of the NASDAQ-100 index (100 most valuable US technology companies).

In Russia there are ETFs from ]FinEx[/anchor] and ITI Funds. You can invest in US Treasury bonds, Russian Eurobonds and corporate bonds, indices of Japan, the USA, Russia, China, Great Britain, Germany and even Kazakhstan.

Due to the fact that these funds simply follow the index and do not involve active management, their maintenance costs are minimal. Thus, there are no redemption fees and sometimes even no management fees. Literally tenths or even hundredths of a percent are charged for purchasing an ETF share.

3. Exchange-traded mutual funds (BTIFs)

in terms of their status they are between ordinary mutual funds and ETFs. They are also called ETFs under Russian law. BUIFs follow a certain index, but at the same time, managers can deviate from the standard asset structure if they see earnings potential or, on the contrary, want to protect capital from possible losses.

Therefore, tariffs for trust management of money in BPIFs are higher than in traditional ETFs, but lower than in mutual funds. At the same time, the potential profitability of BPIFs is higher than that of indices due to the reinvestment of additional profits due to coupons and dividends.

Direct trust management in the stock market

It is provided by specialized companies, including brokers. An individual investment portfolio is compiled for the client, taking into account all his requirements, goals and preferences. The management company then takes control of the portfolio and seeks to extract maximum profit from the investment.

The investment strategy is completely determined by the key objective. If it is simply preserving funds, then assets are purchased using a “buy and hold” strategy. If it is necessary to increase the amount of capital in the shortest possible time, then the management company can use speculative measures.

The entry threshold for such investments starts from several million rubles. Therefore, direct trust management of money is only possible for wealthy clients.

Trusts

Trusts are a great way to “attribute” not only money and securities, but also real estate assets. The structure of a traditional trust fund is:

• founder - a person who creates a fund and determines its specifics;
• manager (trustee) - a person or organization that is directly involved in managing the transferred funds in accordance with the agreement and receives remuneration in the form of a percentage of the profit;
• beneficiary – a beneficiary, a person who receives income from funds transferred to management.

Most often, family trusts are created, the founder of which is the parents, the manager is a financial analyst or investment company, and the beneficiaries are the children.

The founder who transferred funds to the trust actually loses them, and the beneficiary receives the rights to them. Trusts are beneficial in that the profit received is not taxed, the property transferred to the trust is not subject to division in the event of a divorce and is not sold in bankruptcy. In addition, in the event of the death of the settlor, the trust funds are transferred to the beneficiary, i.e. Assets that were planned to be bequeathed can be transferred to the fund.

In Russia, legislation in the field of trust organizations has not been de facto formed and is very contradictory, but in Western countries trusts are one of the main ways to transfer one’s capital to children.

PAMM accounts

PAMM accounts are trustful management of money in the Forex market. Its essence is that the client transfers part of the funds to a professional trader for management. He trades on Forex according to an agreed strategy, and the profit received is divided between investors and the manager in a certain proportion (most often - 50/50).

Some types of PAMM accounts do not involve transferring money into trust, but copying transactions. The investor simply connects to the manager’s account, and the automated assistant handles the transfer of the same transactions. These types of trust accounts in Forex are called LAMM accounts. If desired, an investor can connect to several accounts at once and copy transactions of several traders - this will help insure against risks.

When investing in traditional PAMMs, it is also recommended to create a diversified portfolio of several accounts. Moreover, it is necessary for managers to trade on different currency pairs and use different Forex trading strategies. Proper diversification will allow you to regularly receive income on Forex from the actions of the manager. On our website there is a special rating of PAMM accounts, with which you can easily collect several managers and create a reliable portfolio.

However, in general, Forex is a risky market, and the likelihood that a trader could lose all of his capital (and, accordingly, the capital of investors) remains quite high.

How to invest in trust money management - step-by-step instructions for beginners

Trust money management is a process consisting of several important points. To invest correctly, use our tips.

Step 1. Select a manager

Selecting a manager is the most important step in the fiduciary management process.

We advise you to pay attention to:

• professionalism of the trader;
• drawdown level (for PAMM accounts);
• availability of a customer support system;
• use of various money input/output systems;
• transparency of investment schemes.

Step 2. Discuss investment terms

Before concluding a contract, a professional manager must discuss with the investor the main points of cooperation. Here it is important to understand what kind of investor you are going to become: individual (you have more than 200 thousand rubles) or you plan to participate in collective investing (PAMM accounts).

Necessary investment conditions for discussion:

• expected investment period;
• expected return on investment;
• maximum permissible drawdown level;
• investor's attitude towards risk.

Step 3. Open a trading account

If you are an individual investor (you have more than 200 thousand rubles at your disposal), then after the conditions for managing your capital have been agreed upon, it is time to open a special trading account with the selected broker.

After opening it, a letter with your login, main password and investor password will be sent to your email address.

If we are talking about trust management for investors with small capital, then the most popular way to invest such amounts is PAMM accounts. The average initial investment is $100.

PAMM accounts are an investment service on the foreign exchange market that allows you to accept investor funds for trust management.

The principle of operation of a PAMM account can be seen in the figure.

Read more about how PAMM accounts work in a special publication on the website.

Step 4. Top up your personal wallet

You can top up your personal wallet in various ways.

You can top up your personal wallet in various ways (both cash and non-cash).

Ways to replenish your wallet:

• from a bank card;
• via money transfer;
• via Internet banking;
• electronic money (Yandex-money, WebMoney, etc.);
• in cash, through a bank terminal.

Be careful - commissions are possible!

After your funds are credited to the system of your management company or to the account of your trustee, it will take some more time (up to 1 day) for their internal processing, after which they will go into management.

Step 5. Conclude an agreement

Having chosen a company or manager for your capital, discussed the basic terms of cooperation, enter into a trust management agreement.

The management agreement includes: the amount of investment, the investment period, the obligations and rights of the investor and the management company. The remote control agreement is concluded for a period of no more than 5 years.

You can familiarize yourself with a sample agreement for remote control with a trader and a sample agreement with a bank for remote control of money.

Step 6. Transfer control to the trader

The agreement has been concluded, the account has been replenished - you can transfer the main password to access the account through the system terminal (if you are an individual investor).

If you invest in PAMM accounts, the trader begins managing assets (your money) immediately after they arrive in the account under the terms of the concluded agreement.

Step 7. Pay remuneration to the manager

The amount of remuneration is determined by the manager and specified in the contract. With an individual management system, it can consist of two parts - a management fee and a bonus for success.

With remote control in pools, the reward is a fixed percentage, which depends on the amount of invested capital and investment conditions.

Despite the apparent simplicity of the process of transferring money to trust, it may happen that you need professional legal assistance. In this case, we advise you to get a reliable partner - such, for example, as the resource Pravoved.ru.

Lawyer is a company that provides round-the-clock legal assistance online through the website or by multi-channel telephones throughout the Russian Federation.

Despite the fact that Pravoved.ru is a commercial company, a significant number of consultations are provided free of charge. More than 1 million people have already become clients of the company.

There are 16,693 high-quality lawyers registered on the company’s service, each with more than 12 years of experience. On Pravoved.ru you can choose a professional of any specialization and make a selection for a specific city. This feature allows you to optimize your search and save time.

Do not delay solving your problems, contact the Lawyer website, consult the phone numbers listed below.

We remind you that you can download the Lawyer mobile application and then consultations with professional lawyers will be at your fingertips anywhere.

How to choose a suitable management company?

Whatever form of trust investment you choose, in the end it is necessary to correctly select the management company to which the capital will be transferred. Especially when you consider that many management companies simultaneously offer direct trust management of capital, and IIS with remote control, and mutual funds, and exchange-traded mutual funds. You can initially select the 2-3 most reliable ones and work only with them.

The most significant criteria:

• Availability of a license from the Central Bank of the Russian Federation. This means that the management company operates legally in Russia. You can check the availability of a license in the Central Bank register. If a management company offers a license from a state registered offshore, then it is better not to trust it - in case of problems, local legislation will be on the side of the company, not the client.
• Reliability rating. It is composed of the majority of Russian rating companies, for example, RA Expert or the National Rating Agency. They evaluate management companies according to many criteria and assign the maximum rating only to reliable managers with good financial resources and sufficient work experience. The optimal choice is to choose a management company with a rating of B++ or higher on the national rating scale - or even better, A++.
• NAV under management. The more funds a fund has under management, the more opportunities it has for diversification and hedging risks. Market leaders have hundreds of billions of rubles under trust management.

  

• Number of active clients and their growth. If clients en masse come to a company and trust it with money, this means that it performs well in the market and investors are satisfied. This is exactly the case when it is better to follow the crowd.
• Profitability. This issue was covered a bit above. The profitability itself does not show anything, so you need to compare the fund’s profitability with a benchmark - the index that is closest in terms of asset composition. If the management company earns more, then that’s good.
• Commissions and expenses. If a company charges too much management fees, then the final profitability may be lower than in a management company where the profitability is not so high, but the commissions are lower. Therefore, consider how much you will ultimately earn taking into account costs.
• Personalities of managers. Look who exactly manages the capital. It happens that a company is good, but its personnel decisions are controversial. Find out the manager's background and experience. Perhaps he had been investing in real estate all his life, and now he was put in charge of bond mutual funds. It is clear that there will most likely not be great success here.
• How convenient it is to work. Can you open an account online? How is control over entrusted assets carried out? How often does the management company publish reports? Are there any offices within walking distance? You should ask yourself all these and many other questions.

In general, you need to remember that choosing a management company for trust money management is not forever. If the company does not suit you in any way, you can always change it.

To check how well the management company meets your requirements, you can transfer a small part of your capital to it for management. If you like everything, add funds. If not, remove the rest and try something else.

Features of choosing a management company

Now let's talk about the nuances of choosing a management company that every user should know about.

1. Availability of a license and all documents allowing to work in this industry. It is important that the license is not only on the website of the company itself, but also on the website of the Central Bank of the Russian Federation.
2. Company rating. To do this, check out various services and aggregator sites that analyze and create lists of the best.
3. Volume of assets under management. Everything is simple here - the more, the better for customers.
4. Examine the profitability that the firm has shown in the past. Do not forget that past performance is not a 100% guarantee of profit in the future.
5. Be sure to study commission costs and place your bet on a company with the minimum rates charged for depositing/withdrawing funds. Remember that commissions are charged even when there is no profit.
6. See how profitable it is for you personally to work with the company. Where are the offices located, opening hours, quality of service, is there technical support.

It is important to understand that trust management is a profitable tool for those who have large capital. Even a million rubles is not a large sum to start working with a remote control.

If you are interested in this method of earning money, then contact specialists for advice. Namely, find a professional financial expert who will tell you all the features of working with your portfolio. In general, as practice shows, anyone with a strong desire can independently cope with compiling an investment portfolio; it is enough to devote time to studying the basic rules and recommendations.

Rating of remote control companies

One of the main criteria for evaluating an investment company is the amount of funds under its management. According to Expert RA and NRA, the largest management companies in 2020, holding high positions in the rating of trust money management companies , are:

• Sberbank Asset Management – ​​786 billion rubles, incl. 62 billion rubles in mutual funds;
• VTB Capital Asset Management – ​​752 billion rubles;
• Opening – 686 billion rubles;
• TKB Investment Partners – 533 billion rubles;
• Region – 516 billion rubles;
• Leader – 474 billion rubles;
• Alfa Capital – 343 billion rubles;
• Gazprombank – 334 billion rubles;
• Progressive investment ideas – 295 billion rubles;
• Transfingroup – 239 billion rubles;
• IQG Asset management – ​​177 billion rubles;
• Kapital – 102 billion rubles;
• RSBH Asset management – ​​98 billion rubles;
• Ingosstrakh – Investments – 94 billion rubles;
• Concord Asset Management – ​​92 billion rubles.

Remote control rating for reliability

Another ranking option is based on reliability. This criterion includes many parameters, including the volume of funds under management, investment strategy, diversification of areas of work, professionalism of traders and analysts, reserves, etc.

According to Expert RA, the most reliable asset management companies with an A++ rating are:

• Opening;
• VTB Capital;
• Kapital Asset Management;
• Ingosstrakh-Investments;
• Region Trust;
• Sberbank Asset Management;
• Leader;
• Gazprombank;
• TKB Investment Partners;
• Alfa Capital and a number of others.

Transfingroup, Uralsib, and National Management Company are rated A+. The rest of the management companies have a rating of A and lower.

General provisions

Purpose of the document

This Policy regarding the processing of personal data (hereinafter referred to as the Policy) was developed in accordance with clause 2, part 1, article 18.1 of the Federal Law of the Russian Federation of July 27, 2006 No. 152-FZ “On Personal Data” and defines the basic principles, goals, conditions and methods of processing personal data (hereinafter referred to as PD), categories of PD subjects and processed PD, rights and obligations of the Investment Limited Liability Company (hereinafter referred to as the Company) when processing PD, rights of PD subjects, as well as measures implemented in the Company to ensure the security of PD during the implementation types of activities established in the Charter.
The provisions of this Policy serve as the basis for the development of local regulations regulating the processing of personal data in the Company.

Normative references

Federal Law of the Russian Federation dated July 27, 2006 No. 152-FZ “On Personal Data” (hereinafter referred to as the Federal Law “On Personal Data”). Decree of the Government of the Russian Federation dated November 1, 2012 No. 1119 “On approval of requirements for the protection of personal data during their processing in personal data information systems.”

Scope

This Policy applies to all processes of the Company within which PD is processed, both using computer technology, including the use of information and telecommunication networks, and without the use of such means.

The use of the Company’s services means the PD subject’s consent to this Policy and the conditions for the processing of his personal data specified therein.

Abbreviations used

ISPDn is an information system for personal data. PD – personal data. RF - Russian Federation.

Terms and definitions used

Automated processing of personal data - processing of personal data using computer technology.

Personal data information system is a set of personal data contained in databases and information technologies and technical means that ensure their processing.

Processing of personal data - any action (operation) or set of actions (operations) performed using automation tools or without the use of such tools with personal data, including collection, recording, systematization, accumulation, storage, clarification (updating, changing), extraction, use, transfer (distribution, provision, access), depersonalization, blocking, deletion, destruction of personal data.

Personal data - any information relating to a directly or indirectly identified or identifiable individual (subject of personal data).

Personal data subject is an individual who has personal data directly or indirectly identifying him.

Approval and revision

This Policy comes into force from the moment of its approval by the General Director of the Company and is valid indefinitely. The Company reviews the provisions of this Policy and updates them as necessary, but at least once a year, and also:

• when the provisions of the legislation of the Russian Federation in the field of personal data change;
• in cases of identification of inconsistencies affecting the processing and (or) protection of personal data;
• based on the results of monitoring compliance with the requirements for processing and (or) protection of personal data;
• by decision of the Company's management.

When changes are made, the date of the last revision of the edition is indicated. The new edition is put into effect by order of the General Director of the Company. Providing unrestricted access to the Policy is achieved by publishing it on the website or in another way.

How not to confuse remote control with HYIPs and pyramids?

There are quite a lot of companies on the market providing trust money management services, and many of them offer their services online. But at the same time, on the Internet you can come across offers from companies that are not trusted.

More precisely, under the guise of full-fledged management companies, ordinary financial pyramids are hidden - HYIPs. They do not conduct real investment activities, and payments to new investors are made at the expense of already accumulated funds from previous clients. As soon as a decent amount accumulates in the account of such a pseudo-investment company, the site and all investments disappear.

As an example, I will give the largest financial pyramid that operated in Russia - MMM. I think the name is familiar to you. I recommend reading it.

How to distinguish a genuine remote control from a pyramid?

There are several criteria to determine if you are a scammer:

• The company is registered offshore. To conduct legal activities on the territory of the Russian Federation, a license from the Central Bank is required. If it doesn’t exist, then you can’t attract money from investors. In addition, a license from a foreign state indicates that if something happens, you will also have to go to court in a foreign state.
• Huge, simply unrealistic profits are promised. For example, 10% per month. It is clear that even the most successful trader cannot give 120% per annum. Even Forex does not have such numbers. A real management company cannot provide guarantees of profit, especially a fixed one.
• Income is guaranteed, possible risks are denied. In fact, even a professional manager understands that it is impossible to work profitably in the markets all the time. This Criminal Code must include a notice of risks in the pool of documents that the client must sign.
• Frequent payments. If the company is engaged in real activities, then it will motivate clients for long-term investments, since indiscriminate withdrawals / additions of funds have a bad effect on profitability. The pyramid will entice you with daily or even hourly payments.
• It is not explained where the profit comes from. On the websites of financial pyramids you can find only general phrases about financial independence or sets of cliched phrases about making money on stock markets or cryptocurrency. On the websites of real management companies you can always find reporting, a detailed analysis of activities, the composition of assets under management, an investment declaration and other “boring” documents.
• There is a generous affiliate program. With its help, HYIPs recruit new members into their ranks - this is a type of advertising. A real investment company does not promote itself through referral systems. She prefers to give discounts to existing clients based on investment volume or longevity.
• There are no real reviews about the company. If all the reviews about pseudo-controllers are only on the company’s website or on services where reviews and reviews can be bought, then you shouldn’t trust it. You should be even more wary if the reviews are only positive. This management strategy evokes both negative and positive emotions in clients.

The presence of even one criterion from the list above should already alert you. And if there are several of them, then what you are looking at is most likely a financial pyramid. Don’t take risks - don’t take your money to scammers, but rather transfer it to a real remote control in an officially operating company.

The subject's rights to access and change his personal data

To ensure compliance with the rights of personal data subjects established by law, the Company has developed and introduced a procedure for working with requests and requests from personal data subjects, as well as a procedure for providing personal data subjects with information established by the legislation of the Russian Federation in the field of personal data.

This procedure ensures compliance with the following rights of the PD subject:

• The right to receive information regarding the processing of PD of the relevant PD subject, including containing:

1) confirmation of the fact of PD processing; 2) legal grounds and purposes of PD processing; 3) the purposes and methods of processing personal data used by the Company; 4) name and location of the Company, information about persons (except for the Company’s employees) who have access to personal data or to whom personal data may be disclosed on the basis of an agreement with the Company or on the basis of other requirements of the Federal Law “On Personal Data”; 5) processed personal data related to the relevant personal data subject, the source of their receipt, unless a different procedure for submitting such personal data is provided for by the Federal Law “On Personal Data”; 6) terms of processing of PD, including terms of their storage; 7) the procedure for the exercise by the subject of personal data of the rights provided for by the Federal Law “On Personal Data”; information about the ongoing or proposed cross-border transfer of personal data; 9) name or surname, first name, patronymic and address of the person processing personal data on behalf of the Company, if the processing has been or will be assigned to such a person; 10) other information provided for by the Federal Law “On Personal Data” or other requirements of legislation in the field of personal data.

• The right to clarify, block or destroy your personal data if the personal data is incomplete, outdated, inaccurate, illegally obtained or not necessary for the stated purpose of processing, as well as to take measures provided for by the legislation of the Russian Federation in the field of personal data to protect your rights.

The request of the PD subject must contain the number of the main document identifying the PD subject or his representative, information about the date of issue of the said document and the issuing authority, information confirming the participation of the PD subject in relations with the Company (agreement number, date of conclusion of the agreement, conventional verbal designation and (or) other information), or information otherwise confirming the fact of processing of PD by the Company, signature of the PD subject or his representative. The request can be sent in the form of an electronic document and signed with an electronic signature in accordance with the legislation of the Russian Federation.