Аналітичне забезпечення функціонування інститутів спільного інвестування в Україні

Abstract

Collective Investment Funds play an essential role in stimulating the country's economic growth (CIF) and Asset Management Companies (AMC) – financial intermediaries that accumulate investors' funds and professionally invest them in various financial instruments. The article aims to analyze the analytical support, which is the basis for evaluating the work results and risks in the activities of collective investment funds and asset management companies. Relevant information for the analysis of the state and changes in the market of collective investment funds and asset management companies is taken from the Ukrainian Association of Investment Business website (https://www.uaib.com.ua). The article includes a classification of collective investment funds and an analysis of the dynamics of their number, as well as the volume of assets managed by asset management companies. The basic principles of accounting and reporting in collective investment funds were disclosed, and the indicators necessary for risk assessment were characterized. It has been established that the calculation of regulated indicators makes it possible to assess risks only in general. However, to measure and manage risks, it is advisable to develop a scale of dependence on changes in indicators (intensification of negative processes) and the level of risk (minimal, average, significant and critical). Based on the normatively established indicators, it is recommended to improve the method of assessing and measuring the risks of collective investment funds by calculating an integral indicator that would consider each indicator's weighting factor. As part of the risk management system, each level of risk should be offered an appropriate set of tools and measures for minimization.