“The domestic open-end investment funds saw net inflows of RON13.6 million (EUR2.8 million) in April, being targeted bond funds and fixed income instruments (RON29.5 million), as well as those categorized as «other funds» (RON6.1 million). Instead, diversified funds (-RON21.6 million), equity funds (-RON0.3 million) and absolute return funds (-RON0.1 million) reported net outflows”, conform AAF.
The net assets of the 246 domestic and foreign open-end and closed-end investment funds operating in Romania grew by 1% in April 2023 to RON46.2 billion (EUR9.4 billion). The increase since the beginning of 2023 is +0.6%. Net inflows in April 2023 totaled RON30.8 million (EUR6.2 million).
An analysis by Ziarul Financiar (ZF) daily shows that Romania ranks last in Europe, with only EUR158 per capita, relative to the value of assets of the open-end mutual funds industry, which is three times below the level in Croatia, four times lower than in Greece and ten times lower than in Hungary. Even Bulgaria is above the average level in Romania, with EUR168 in assets per capita.