Translation. Region: Russian Federation –
Source: Central Bank of Russia
An important disclaimer is at the bottom of this article.
The number of citizens involved in the Russian financial market has grown significantly in recent years, but this has not led to an increase in systemic risks. This is the conclusion reached by the Bank of Russia after analyzing the retail investment market.
Although unskilled retail investors predominate numerically, qualified investors, who account for the bulk of trading volume, have a decisive influence on market conditions and its stability. In 2025, they behaved countercyclically: reducing their investments during periods of market growth and increasing them during periods of decline, which helped limit price volatility. To increase market liquidity and maintain market stability, it is important for the number of investors with small and medium-sized portfolios to grow.
Most people prefer blue-chip stocks and the highest-quality bonds. They consistently add new instruments to their portfolios, diversifying their investments. However, retail investors' interest is primarily focused on financial and oil and gas securities, as well as government bonds, indicating a lack of sector diversification in their portfolios. This can negatively impact their investment returns during changing market cycles, so it's important to increase portfolio diversification across sectors.
Read more in the report Retail Investment Market.
Preview photo: Sfio Cracho / Shutterstock / Fotodom
Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.