ASSESSING THE EFFICIENCY OF INVESTMENT FUND MANAGEMENT STRATEGIES

Investment funds play a key role in the modern financial system by providing investors with access to diversified instruments and strategies. They are becoming increasingly in demand in the Russian market as a means of portfolio diversification and risk management. However, existing methods for evaluating their effectiveness often focus solely on profitability, ignoring important aspects such as risk management and investment strategies. The aim of the work is to develop a comprehensive methodology for evaluating the effectiveness of investment fund management strategies based on an integral indicator combining quantitative and qualitative parameters. The study used methods of comparative analysis, mathematical modeling, as well as the author’s methodology for calculating the integral performance indicator. The approbation was carried out on the data of Alfa-Capital Management Company for 2022–2024. In the course of the research, a new integral indicator was developed that takes into account profitability, risk, liquidity and the type of management strategy. The methodology has proven to be effective for comparative analysis of management strategies. Practical application will allow the management system to optimize portfolios, increase transparency of reporting and profitability of funds.