Mandatory Private Pension Funds’ Profit Fell 72% In 2011 To RON108.4M

01.06.2012 By Ioana Tudor

Romanian mandatory private pension funds (Pillar II) posted a cumulated profit of 108.4 million lei (EUR24.9 million) in 2011, down 72% on the year, due to the reduction of the weighted average yield on net assets to 3.1% from 15.1%, according to MEDIAFAX calculations.

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Keywords:
PRIVATE PENSION
, PROFIT
, YIELD