12.20.2013

The year 2013 was the year of major changes on Romania’s capital market. State-owned energy companies Nuclearelectrica and Romgaz conducted initial public offerings and raised half a billion euros more

12.19.2013

Mutual funds attracted 3 billion lei from investors in the first 11 months of this year, a record-high amount which is double the inflow recorded in 2012.This comes as people sought more profitable more

12.12.2013

Mutual funds in Romania ended November with record-high net inflows of 777.8 million lei (EUR174 million), the largest monthly amount ever attracted on this market. more

10.18.2013

Mutual funds financed Romania’s budget deficit by purchasing treasury bonds worth more than 6 billion lei (EUR1.35 billion), which translates into almost half of RON12.5 billion worth of assets they more

10.07.2013

Vanguard Asset Management, one of the pioneers of the Romanian mutual funds market, has decided to liquidate mutual funds Vanguard Protector and Fondul Oportunitati Nationale (FON) because the more

07.19.2013

Investors in bond funds have had the most to gain in the past three years. By taking low risks, bond funds have earned an average yield of almost 23%, above the bank interest rate and above stock more

06.21.2013

Romania will set up agriculture mutual funds to take up risks insurers do not cover, according to an emergency ordinance approved by the Government Wednesday. more

04.10.2013

Mutual funds attracted a record net amount of 361 million lei (EUR82 million) from investors in March, almost as much as in the first two months of the year, when the amounts attracted were the more

11.29.2012

The Romanian mutual fund market became a European performer with net inflows of EUR86 million in the third quarter, while mature markets such as France, Spain and Italy lost billions of euros. more

08.29.2012

Romanians set 5.3 billion (EUR1.2 billion) aside for investments in mutual funds. The richest of them chose euro-denominated mutual funds, while those with less money were more willing to take a more

07.03.2012

About 30 of the 63 mutual funds on the local market managed to beat bank deposit interests in the first half, which stood at 3.25% a year, even though many of the funds that posted lower yields invest more

06.15.2012

The creation of the largest mutual fund in Romania started in Brussels, at the European Commission to be precise, which decided to change the rules for the operation of money-market funds to make them more

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

10.03.2011

Betting on stock in the first three months of the year, when the Bucharest bourse climbed 15%, and a shift to bonds starting April, close to the debt crisis onset, was the strategy that brought OTP 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

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