04.11.2012

The local market of mutual funds ended the first quarter of the year with 8,562 billion lei (EUR1.96 billion), 4% more than at the beginning of year mainly because of the new money raised from more

02.10.2012

The market rally at the beginning of this year was so surprising that even managers of equity funds had not seen it coming. As a result, the most profitable mutual funds were those less actively more

01.30.2012

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 more

01.26.2012

Erste Asset Management, the largest mutual fund manager in Romania, handles 2.8 billion lei (EUR0.64 billion) from over 100,000 customers that include millionaires in euros, entrepreneurs and tennis more

01.16.2012

Investors placed 993 million lei (EUR229 million) in mutual funds last year, with the bulk of the amount being placed in money market funds and in bond funds, which invest in government bonds and bank more

12.21.2011

The mutual fund administrators are preparing to end the year with 1 billion lei (about EUR230 million) in new funds and with over 11,500 new investors, a performance achieved during extremely more

12.07.2011

The largest mutual funds on the Romanian market, with assets of over one billion lei, also called superfunds, have not made much progress this year, recording modest asset evolutions after record more

10.12.2011

The sovereign debt crisis chased mutual funds away from stock exchanges, with their exposure to equity declining to an all-time low of 3% of their total assets, worth 7 billion lei (EUR1.6 billion) at more

07.29.2011

Most Romanians who have left their fortunes in the hands of mutual fund managers prefer investments in shares and bonds, but gold is gaining more ground amid fears over the sovereign debt crisis in more

07.01.2011

OTP Obligatiuni (former Balansis) sold all the shares in its portfolio before the bourse started seeing corrections and became the best-performing mutual fund with a 10.8% return in the first six more

06.14.2011

BCR Obligatiuni is the latest entrant in the league of the largest mutual funds, also called super-funds, with assets of more than 1 billion lei (EUR240.5 million). more

05.04.2011

The bet on the shares of the five financial investment companies (SIFs) saw BCR Expert equity fund climb to no.1 among the top-performing mutual funds, with a yield of 16.6% in the first four months more