Five Mutual Fund Managers Account For 95% Of Market

04.29.2016 By Roxana Pricop

Five asset management companies, four of which held by banks, account for 95% of the mutual fund market which stood at 22.8 billion lei (EUR5.1 billion) at the end of March. The remaining 16 managers account for 5% of the market.

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Keywords:
mutual fund
, asset manager
, market share