Russia is set to get a new asset and debt management agency this year, which will take these functions out of the central bank, Roman Shiyko, the head of sovereign funds management in the country's finance ministry, said on Friday.

The state's ability to effectively manage its asset portfolio was being "limited by the central bank's capacity at present," Shiyko said at the National Asset Liability Management conference in London. For this reason, the government was working on a Russian Financial