Investment Funds In Fierce Competition With Banks Over Savings In 2012

01.30.2012 By Roxana Pricop

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 banks willing to pay high interests in order to attract savings. In 2011, the fund attracted EUR140 million from investors.

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Keywords:
savings
, banks
, investment funds
, mutual funds
, asset management