Results 76 - 96 from 96 for "asset"
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CEC Bank To Undergo Asset Quality Review As Of June 18
06.17.2014
Romanian CEC bank’s chief Radu Ghetea said Tuesday that his institution will undergo an asset quality assessment based on the European methodology in view of joining the Single Supervisory more
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Wealthy Romanians’ Discretionary Accounts Overshoot RON200M Mark
05.21.2014
The discretionary accounts of wealthy Romanians managed by asset managers overshot the 200 million lei (EUR45 million) mark at the end of April, almost double the level at the beginning of last year, more
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Biggest Money Manager In Romania Switches To Equity Funds
05.13.2014
Erste Asset Management, the biggest mutual fund manager in Romania, wants to raise EUR100 million with six new funds destined to investors seeking alternatives to the falling interest rates of banking more
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OTP: Bank Depositors Growing Increasingly Unhappy With Interest Rates
02.03.2014
Romanian bank depositors are growing increasingly dissatisfied with the low interest rates offered by lenders and they turn to higher risk assets to raise their money holdings, the head of OTP Asset more
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Mutual Fund Managers Hope For Another Bumper Year
01.15.2014
Six managers made the rules on the mutual fund market in 2013, raising 3.5 billion lei (EUR775 million) from investors. In 2014, the declining interests may bring another RON4 billion in net more
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Volksbank Romania Buys Unfinished Office Tower In Bucharest For EUR2.5M
08.29.2013
The Romanian unit of Austria’s Volksbank bought for EUR2.5 million an unfinished 5,000-sqm office tower in Bucharest from an insolvent firm, which had borrowed about EUR5 million from the bank to more
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SIF Crisana-Banat Transfers 5% Of Its Assets To Cyprus-Registered Firm
08.27.2013
Romanian regional investment fund SIF Crisana-Banat (SIF1.RO) transferred its majority stakes in nine companies listed on the Rasdaq market in Bucharest to SIF Imobiliare Limited, a newly created firm more
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Aberdeen Asset Managers’ Stake In BRD Down To Below 5%
07.09.2013
London-based Aberdeen Asset Managers Limited on Tuesday announced it holds a 4.98% stake in Romanian lender BRD- Groupe Societe Generale (BRD.RO), down from 5.43% at the end of May. more
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Scottish Aberdeen Asset Management Says It Believes In BRD’s Potential
05.24.2013
Scottish investment management group Aberdeen Asset Management, which administers assets of EUR250 billion, has become BRD’s second-largest shareholder, after French Societe Generale, by taking over more
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Erste Asset Management Romania Mulls EUR1B In Assets By End-June
03.21.2013
Erste Asset Management, Romania’s largest fund administrator, estimates its assets will exceed EUR1 billion by the end of June, general manager Dragos Neacsu said Thursday. more
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Largest Money Manager: We Would Be Happy With Corporate Bond Issues Of EUR1B Per Year
02.20.2013
Dragos Neacsu, CEO of Erste Asset Management, the largest asset manager on the local market, warns over the shortage of corporate bond offers on the Romanian market, saying he finds it difficult to more
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Asset Managers Beat Brokerage Firms In 2011
07.31.2012
The revenue of the brokerage firms dropped to one third of the 2007 level last year, while asset managers’ rose 2.4 times. The 21 asset managers collected 96 million lei (EUR21 million) compared more
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Erste AM Plans To Raise RON100M For New Money-Market Fund
07.17.2012
Erste Asset Management, the largest asset manager on the local market, sets out to raise 100 million lei (EUR22 million) by yearend for a money-market fund built to the new European standards. more
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Vanguard Asset Management To Launch First Romanian ETF On Bucharest Bourse
04.18.2012
Vanguard Asset Management, administrator of Romanian brokerage house Tradeville, is set to launch the first exchange-traded fund (ETF) on the Bucharest Stock Exchange, the brokerage firm said more
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Investors Put EUR100M In Mutual Funds In First Quarter
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
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Fondul Proprietatea Hires Citigroup To Sell Shares Worth EUR0.5B
03.07.2012
Franklin Templeton, the manager of Romanian investment fund Fondul Proprietatea (FP.RO), has selected U.S. Citigroup Global Markets Limited as exclusive broker of the sale of EUR527.6 million worth of more
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Investment Funds In Fierce Competition With Banks Over Savings In 2012
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
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Erste Asset Management Profit More Than Halves In 2011
01.25.2012
Romanian open-end fund administrator Erste Asset Management, a unit of Austria’s Erste Group Bank (EBS.RO), Wednesday said its net profit more than halved to around EUR300,000 – EUR400,000 in more
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12 Asset Managers Handle EUR7.8B In Romania
12.01.2011
Who are the 12 people who handle EUR7.78 billion worth of assets? more
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Mutual Funds And Romanians' Favorite Investments
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
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Four Mutual Super-Funds Raised EUR1B From Investors
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