Market value of pension savings by different groups of asset managers, and total, 03.2004–03.2023 (billion rubles). Note: Market value of pension savings in private asset-management companies (PAMCs) and in VEB’s portfolio of government securities is comparatively small (35 billion and 43 billion rubles compared to 5,494 billion rubles total in Q1 2023) and both lines are hardly visible. Source: Authors’ calculations based on data from NPF Constructor project (https://ipei.ranepa.ru/ru/npf-ru), Bank of Russia, and Pension Fund of the Russian Federation.

 
 
  Part of: Abramov AE, Chernova MI (2024) Improving pension savings investing: The case of Russia. Russian Journal of Economics 10(1): 34-59. https://doi.org/10.32609/j.ruje.10.115594