11 apr 2012

The local market of mutual funds ended the first quarter of the year with 8,562 billion lei (EUR1.96 billion), 4% more than at the beginning of year mainly because of the new money raised from more

30 mar 2012

Political appointments put inexperienced people in positions that entail regulation and supervision of markets worth tens of billions of euros. This week, Parliament validated new members to run the more

27 mar 2012

Political parties on Monday in an unexpected move decided to appoint their candidates to the helm of the institutions that supervise the capital market (CNVM) and private pensions (CSSPP), although more

12 mar 2012

Investments in mutual funds rose to 170 million lei (about EUR39 million) in February, which shows a rebound of the market after the decline in the last quarter of 2011. more

7 mar 2012

Franklin Templeton, the manager of Romanian investment fund Fondul Proprietatea (FP.RO), has selected U.S. Citigroup Global Markets Limited as exclusive broker of the sale of EUR527.6 million worth of more

7 mar 2012

Monetary funds, the biggest mutual funds in Romania with total assets of more than 3.8 billion lei (almost EUR900 million), have less than six months left to decide whether or not they should remain more

5 mar 2012

After returning to Romania for just a few days from the European roadshow to promote Transelectrica’s (TEL.RO) offering, Lucian Anghel, chairman of the Bucharest Stock Exchange (BVB.RO), tells ZF in more

1 mar 2012

Gabriela Anghelache, president of the National Securities Commission (CNVM), the supervisory and regulatory authority of the capital market, says the stock exchange sale of minority stakes in energy more

29 feb 2012

Price liberalization and investments in energy have been the main topics in the first day of Power Summit 12, an event attended by the biggest names in the energy industry in Romania. more

24 feb 2012

The Government has reiterated its commitment to list state-run companies, sitting at the same table with Wall Street bankers. more

21 feb 2012

More than 600 brokers have left the trading pit since 2007 driven out by the crisis and the tiny traded volumes on the Bucharest stock exchange in the years after the collapse of Lehman Brothers. more

10 feb 2012

The market rally at the beginning of this year was so surprising that even managers of equity funds had not seen it coming. As a result, the most profitable mutual funds were those less actively more

3 feb 2012

Adrian Tanase, general manger of ING Investment Management, the manager of the largest equity fund, which invested EUR50 million on the stock market, believes that improvement of corporate governance more

30 ian 2012

Raiffeisen Asset Management, with over EUR650 million in assets under management, estimates its assets will increase by several tens of million of euros this year, because of fierce competition from more

27 ian 2012

After several months of rumors and speculations, Austria’s Erste Group is ready to publicly announce all the changes it decided to make to the management of its Romanian unit BCR, the largest bank more

26 ian 2012

Erste Asset Management, the largest mutual fund manager in Romania, handles 2.8 billion lei (EUR0.64 billion) from over 100,000 customers that include millionaires in euros, entrepreneurs and tennis more

25 ian 2012

The listing of investment fund Fondul Proprietatea (FP.RO) on the Bucharest Stock Exchange (BVB) on January 25, 2011 was the chance for the capital market to be reborn and for former owners stripped more

24 ian 2012

Over 9 million Romanians are shareholders in listed and unlisted companies, but only a few tens of thousands trade shares on the stock exchange. The rest don’t even know they could be millionaires. more

20 ian 2012

Thousands of Romanians rushed to buy gold in the last few years, attracted by price increases and the hope of big and sure gains, but bank fees end up eating almost their entire profit. more

18 ian 2012

The Romanian government has to solve around 145,000 claims for compensation submitted by people stripped of their properties by the communist regime, after in the past twenty years the state restored more

16 ian 2012

Investors placed 993 million lei (EUR229 million) in mutual funds last year, with the bulk of the amount being placed in money market funds and in bond funds, which invest in government bonds and bank more

13 ian 2012

Romania’s largest lender by assets Banca Comerciala Romana (BCR), a unit of Austrian Erste Group Bank AG, estimates a pretax profit of 516 million lei (EUR120 million) in 2012, people in the banking more

10 ian 2012

Over 40,000 former owners have been left stranded after the Romanian government ran out of Fondul Proprietatea (FP.RO) shares and don’t know how they will be compensated for being stripped off their more

5 ian 2012

Cash withdrawals from ATM machines ahead of the holidays indicate a rebound of consumption. more

5 ian 2012

Erste Group analysts expect the main index of the Bucharest stock exchange to rise 17% this year, the third-best performance in the region after the Istanbul and Prague bourses, as investor risk more