At the end of 2024, the trustees of UAPF pension assets: the National Bank of the Republic of Kazakhstan (NBRK) and investment portfolio managers (IPM) demonstrated returns that significantly exceeded both the last year’s figure and the inflation rate in 2024 (8.6%), which indicates on effective asset management and the ability to adapt to economic conditions. The achieved indicators are the result of choosing the right investment strategy and portfolio diversification.
The total volume of pension assets as of January 1, 2025, under the management of the NBRK and IPM amounted to KZT22,736.05 bln. As of this date, the pension assets of the UAPF, under the trust management of the NBRK, formed through compulsory pension contributions (hereinafter referred to as CPC), compulsory occupational pension contributions (hereinafter referred to as COPC), voluntary pension contributions (hereinafter referred to as VPC), amounted to about KZT22,415 bln[1]. The volume of pension assets formed by employer’s compulsory pension contributions (hereinafter referred to as ECPC), which are in the trust management of the NBRK, is KZT255.81 bln.
Pension assets under the management of IPM amounted to more than KZT65.24 bln.