ASF: Bucharest Bourse’s Chronic Lack Of Liquidity May Affect Private Pension Funds

05.26.2014 By Ecaterina Craciun

The Bucharest Stock Exchange's chronic lack of liquidity may cause problems to private pension fund managers which, under the law, are required to invest some of the assets in stock trading on the capital market, said Ion Giurescu, vice-president of Romania’s Financial Supervisory Authority (ASF).

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Keywords:
PRIVATE PENSION FUNDS
, STOCK EXCHANGE
, LIQUIDITY