The World Finance award closely follows the Best Pension Fund in the Czech Republic 2011 award from the UK-based Global Banking & Finance Review online portal, internationally one of the most frequently visited online magazines for the global banking and financial industry. The key criteria in which Penzijní fond Komerční banky won included the fund’s transparency, its governance and control system, and customer services. Other criteria also focused on success of investment strategies, risk management, market share, yields, maximum risk diversification, security of assets under management, return on investment, cost efficiency, investment portfolio optimisation, etc.
Both of these awards are a strong signal for the scheme members of Penzijní fond Komerční banky. They enhance the fund’s credibility and professionalism and are, naturally, an independent signal that scheme members’ money is safe in Penzijní fond Komerční banky.