09.28.2011

Diversified fund Audas Piscator, one of the smallest on the market, is the top performer among mutual funds with a 14% return in euros over the past month. The strategy behind the solid performance more

09.27.2011

The Romanian Chamber of Deputies on Tuesday adopted a bill which sets up the private pension guarantee fund, which will operate starting the first half of 2012, the Association for Private Pensions in more

09.20.2011

Romania’s Parliament has assembled in plenary Tuesday to take a vote on the Government’s proposition to create a Ministry of European Affairs run by former EU commissioner Leonard Orban. more

09.13.2011

Romanian Prime Minister Emil Boc said Tuesday he will send the Parliament Wednesday the proposition for presidential adviser Leonard Orban to be appointed minister of European Funds. more

09.12.2011

The assets of Romanian investment funds reached EUR1.98 billion at the end of August, considering the money raised by the funds available through local managers, which are registered abroad, more

09.09.2011

Romania will set up a Ministry for European Funds in October and the minister will most likely be former EU commissioner Leonard Orban, Development and Tourism Minister Elena Udrea said Friday. more

08.19.2011

Fund managers have divergent opinions on the trend the Bucharest Stock Exchange will follow until yearend. more

08.17.2011

The OTP Garantis closed-end fund, managed by OTP Asset Management, the first investment fund in Romania to have guaranteed the initially placed equity, has protected investors against plummeting more

08.11.2011

London-traded Argo Real Estate Opportunities Fund (AREOF) has a capitalization of just EUR15 million, but is about to become the largest owner of shopping centers in Romania, after acquiring the ERA more

08.09.2011

Insurer and private pension fund managers say that, while they have not felt any major changes in recent sales following the foreign financial market turmoil, the lessons learnt from the crisis which more

07.26.2011

Romanian pension fund administrator Generali Pensii will take over the voluntary pension fund OTP Strateg from Onix Asigurari (formerly OTP Asigurari), after the Private Pension System Supervision more

07.01.2011

Certinvest, owned by businessman Eugen Voicu, will launch a private closed-end investment fund, Certinvest Green, through which it will fund two alternative energy projects, aiming to draw EUR1.5 more

06.13.2011

Romanian President Traian Basescu has sent to the Parliament a request to reexamine a bill that postpones the listing of state-owned companies in investment fund Fondul Proprietatea's portfolio until more

06.07.2011

After more than 15 years since the development of the first investment fund, asset management has become a profitable business in Romania as well. more

05.25.2011

BCR Monetar (a money market fund), the biggest mutual fund on the Romanian market managed by Erste Asset Management, posted revenue of over 107,000 lei (EUR25,500) a day since the beginning of this more

05.18.2011

Romanian Central Depository Tuesday resumed the conversion of compensation rights into shares in restitution fund Fondul Proprietatea, after a de-facto suspension of over four months. more

05.12.2011

Romanian government decided that compensation rights held by property owners wrongfully expropriated during communism be converted into shares in investment fund Fondul Proprietatea (FP.RO) by more

05.10.2011

A fund manager was in 2010 the best-paid employee in Bucharest, with a net income of 145,000 lei/month, reveal statistics of the biggest salary incomes in Bucharest recently released by the Romanian more

05.06.2011

Romanian investment fund Fondul Proprietatea (FP.RO) Friday said it has increased its stake in chemical fertilizer company Azomures (AZO.RO) to 10.23% from 7.69%, following several deals on the more

05.03.2011

Pioneer Investments Luxemburg, the asset management unit of Italy’s top lender UniCredit, announced the launch of a new euro-denominated fund for emerging markets aimed to attract between EUR300 more

04.27.2011

Romania's private pension system guarantee fund might become operational by the end of the year, if the Chamber of Deputies adopts the relevant bill during the current parliamentary session, said more

04.26.2011

Private equity firm 3TS Capital Partners will launch a EUR30 million fund targeting small- and medium-sized enterprises in companies in technology, media and communications sectors, Investment more

04.21.2011

Romanian investment fund manager Certinvest Thursday announced it has launched a private closed-end fund called Absolute Return, which aims to attract up to EUR1.5 million in the next three to four more

03.29.2011

Romania will subsidize some 50 companies investing in renewable energy projects with a total 875 million lei (EUR1=RON4.1276) from the Environment Fund, environment minster Laszlo Borbely told a more

01.17.2011

Romanians who were compensated for their communism-seized property in Fondul Proprietatea stock will not be taxed on the profit achieved in selling the shares on the bourse, according to Dana Mirela more