BUSINESS INFORM JOURNAL.

УКР

ENG

Search:

REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

FOUNDERS

RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)

According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media.
ID R30-03156

PUBLISHER

Liburkina L. M.

SITE SECTIONS

Staging the Development of the National Market of Investment Financial Services
Kovalenko Y. M., Yatsenko I. V.

Kovalenko, Yuliia M., and Yatsenko, Ivan V. (2022) “Staging the Development of the National Market of Investment Financial Services.” Business Inform 4:50–57.
https://doi.org/10.32983/2222-4459-2022-4-50-57

Section: Investment Processes

Article is written in Ukrainian
Downloads/views: 9

Download article (pdf) -

UDC 336.76; 330.322

Abstract:
The article is aimed at studying the current state and prospects for the development of the national market of investment financial services. The article describes the market of investment financial services along with subject classification. The activities of intermediaries in the market of investment financial services as of the end of 2008 – 01.04.2022 in Ukraine are analyzed. Diagnostics of the state of development of the market of investment financial services is carried out on the basis of indicators of the authors’ own development, in particular the indicators of market capacity, market indicators, indicators of economic significance of the activities of intermediaries, macroeconomic indicators. A periodization of stages of development of the national market of investment financial services is made. The impact of the global financial and economic crisis of 2008–2010, political instability in 2014, coronavirus crisis of 2020–2021, and the Russian invasion in 2022 on the functioning of intermediaries in the investment financial services market are specified. The activity of foreign investors in the purchase of assets in Ukraine, including the value and number of M&A transactions, is researched. It is prognosticated that the Russian aggression in 2022 may have catastrophic consequences for Ukraine in general and for the investment financial services market in particular, which has long recovered from the negative consequences of previous crisis periods and has not fully come to life from the global financial and economic crisis of 2008–2010. It is concluded that the modern market of investment financial services is not public enough and has significant shortcomings in the coverage of relevant information by regulators – the National Bank of Ukraine and the National Securities and Stock Market Commission. The relevance of creation of statistical databases from regulators of the market of investment financial services is substantiated. The advantages and disadvantages of investing assets of intermediaries in the market of investment financial services in government bonds is identified. Perspective directions of development of the national market of investment financial services are proposed.

Keywords: asset management companies, financial services market, investment market, Russian invasion, crisis, investment financial services market.

Fig.: 7. Bibl.: 15.

Kovalenko Yuliia M. – Doctor of Sciences (Economics), Professor, Professor, Department of Financial Markets and Technologies, The University of the State Fiscal Service of Ukraine (31 Universytetska Str., Irpіn, Kyiv region, 08201, Ukraine)
Email: [email protected]
Yatsenko Ivan V. – Postgraduate Student, Department of Financial Markets and Technologies, The University of the State Fiscal Service of Ukraine (31 Universytetska Str., Irpіn, Kyiv region, 08201, Ukraine)
Email: [email protected]

List of references in article

“M&A Radar 2020: Ukraina. KPMG. Berezen 2021“ [M&A Radar 2020: Ukraine. KPMG. March 2021]. https://assets.kpmg/content/dam/kpmg/ua/pdf/2021/04/ma-radar-2020-ukr.pdf
Arbuzov, S. H. et al. Bankivska entsyklopediia [Banking Encyclopedia]. Kyiv: Znannia, 2011.
Bondarenko, Ye. P. “Mekhanizm rehuliuvannia rynku finansovykh posluh Ukrainy“ [Mechanism of Regulation of the Financial Services Market of Ukraine]: dys. ... kand. ekon. nauk : 08.00.08, 2011.
Gubanova, Ye. S. “Metodologicheskiye osnovy sistematizatsii ponyatiy investitsionnoy problematiki issledovaniya“ [Methodological Bases for Systematizing the Concepts of Investment Research Problems]. Ekonomicheskiye i sotsialnyye peremeny v regione, no. 25 (2004): 72-78.
Dubyna, M. V. “Doslidzhennia osoblyvostei vzaiemozviazku finansovoho rynku ta rynku finansovykh posluh“ [Study of Interconnection Peculiarities of the Financial Market and the Financial Services Market]. Investytsii: praktyka ta dosvid. 2016. http://www.investplan.com.ua/pdf/18_2016/5.pdf
“Kvartalni ta richni ohliady rynku“ [Quarterly and Annual Market Reviews]. Ukrainska Asotsiatsiia Investytsiinoho Biznesu. https://www.uaib.com.ua/analituaib/publ-ici-quart
Kloba, L. H. “Sutnist, struktura ta elementy investytsiinoho rynku Ukrainy“ [Essence, Structure and Elements of Investment Market Ukraine]. Ahrosvit. 2016. http://www.agrosvit.info/pdf/12_2016/3.pdf
Kovalenko, Yu. M. “Finansovyi rynok i rynok finansovykh posluh : sutnist, sehmenty, subiekty“ [Financial Market and Financial Services Market: Essence, Segments, Subjects]. Finansy Ukrainy, no. 1 (2013): 101-112.
Kotukov, A. A. “Metodologicheskiye osnovy issledovaniya ekonomicheskoy sushchnosti investitsionnogo rynka i yego struktury“ [Methodological Bases for Studying the Economic Essence of the Investment Market and Its Structure]. Vestnik VGU. Seriya «Ekonomika i upravleniye». 2005. http://www.vestnik.vsu.ru/pdf/econ/2005/02/kotukov.pdf
Levchenko, V. P. “Rozvytok rynku nebankivskykh finansovykh posluh Ukrainy“ [Development of the Market of Non-banking Financial Services of Ukraine]: dys. ... d-ra ekon. nauk : 08.00.08, 2018.
[Legal Act of Ukraine] (2012). https://zakon.rada.gov.ua/laws/show/5080-17#top
[Legal Act of Ukraine] (2001). https://zakon.rada.gov.ua/laws/show/2664-14#Text
Reverchuk, S. “Teoretyko-metodolohichni ta praktychni aspekty finansovoho biznesu na rynku posluh v informatsiinii ekonomitsi“ [Theoretical and Methodological and Practical Aspects of Financial Business in the Market of Services in the Information Economy]. Problemy stanovlennia informatsiinoi ekonomiky v Ukraini. Lviv: LNU imeni Ivana Franka, 2019. 84-87.
“Statystyka finansovykh rynkiv“ [Financial Markets Statistics]. NBU. https://bank.gov.ua/ua/statistic/sector-financial
Yatsenko, I. V. “Rynok investytsiinykh finansovykh posluh: teoretychnyi kontsept ta suchasnyi stan v Ukraini“ [Investment Financial Services Market: Theoretical Concept and Current State in Ukraine]. Finansy, bankivska systema ta strakhuvannia v Ukraini: stan, problemy ta perspektyvy rozvytku v kryzovii ekonomitsi. Dnipro: DDAEU, 2022. 93-96.

FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

INFORMATION

The Plan of Scientific Conferences

OUR PARTNERS

Journal «The Problems of Economy»

The site and its metadata are licensed under CC BY-SA.

Write to webmaster