bs-preloader__icon
ru kz en

Retirement money is intended to be invested in SME bonds

Investing the Kazakhstani pension money in SME bonds carries certain risks. This opinion of LS was voiced by Rauan Kuanov, the director of the asset management department of Jusan Invest.
Retirement money is intended to be invested in SME bonds

In his interview with LS, he has explained that this financial instrument offers a higher level of return than government bonds and debt securities of large companies, given the level of credit risk of SMEs.

“SME bonds can be less liquid and less stable than debt securities of larger companies. Therefore, investing in them may be less desirable for pension funds, which must manage investment risks and ensure long-term stability. Thus, we believe, the strategy of pension assets in general should consider the investor's desire to preserve their capital and receive return over a long period of time,” the speaker explained.

However, Kuanov believes that investing in these securities is associated with increased risks, including default risk, liquidity or changes in the macro environment.

Earlier, the ARDFM has published a draft resolution, which proposes to expand the list of financial instruments allowed to be purchased at the expense of pension savings. In particular, it is planned to add non-government debt securities issued by small and medium-sized businesses to this list.

Photos are from open sources.

 

Share
read also
Digitalization of the financial sector is necessary - the National Bank
Digitalization of the financial sector is necessary - the National Bank

The most relevant issue for the financial sector remains the issue of excluding paper...

Who can count on a comfortable old age in Kazakhstan?
Who can count on a comfortable old age in Kazakhstan?

Pension savings of Kazakhstanis in the Almaty region have increased by more than 2.5 ...

"To retire and go away on vacation ". The stories of Belarusians, who save for a second retirement pension.
"To retire and go away on vacation ". The stories of Belarusians, who save for a second retirement pension.

Many tourists from the former Soviet Union are surprised by the abundance of European...

The most interesting materials of the site you have in the mail! Subscribe to the newsletter.

ASK A QUESTION TO THE EXPERT
ASK A QUESTION TO THE EXPERT
Submit your application