ASSETS
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Romania Open-end Fund Assets Top RON10B In May
The combined net assets of Romanian open-end investment funds rose 2.8% to 10.07 billion lei (EUR2.22 billion) in May, from roughly RON9.8 billion a month earlier, data from the local Associ...
SIF Oltenia Ranks As Most Profitable SIF In Jan-April
SIF Oltenia (SIF5.RO) remained the most profitable of the five regional investment funds registered in Romania, with a net profit of 43.3 million lei (about EUR10 million) after the first fo...
Romanian Open-End Fund Assets Inch Up To RON9.8B In April
The combined net assets of Romanian open-end investment funds edged up 0.5% on the month to 9.79 billion lei (EUR2.26 billion) in April, held back by large buyback operations, data from the...
Pension Funds Could “Export” EUR1.4B If The Stock Exchange Doesn’t Grow
Marius Popescu, general manager of ING Pensii, the largest pension fund on the Romanian market, says if liquidity of the Bucharest bourse remains the same, local pension funds will have to r...
SIF Oltenia Ranks As Most Profitable SIF In 1Q
SIF Oltenia (SIF5.RO) climbed to first place in terms of profitability among the five regional investment funds registered in Romania, with a net profit of 30.86 million lei (EUR7.04 million...
Radu Enache Wants To Sell Two Plots And Ibis Hotel In Constanta
Romanian businessman Radu Enache, owner of the Continental Hotels chain, plans to sell two plots located in the cities of Timisoara and Iasi, as well as the Ibis Hotel in the city of Constan...
Romanian Open-End Fund Assets Rise To About RON10B In March
The combined net assets of Romanian open-end investment funds rose 4.5% to 9.745 billion lei (EUR2.207 billion) on the month in March, the Romanian Association of Asset Managers said Tuesday...
SIFs Plan To Sell Assets Worth Half A Billion Lei In 2013
Four of Romania’s five regional investment funds SIFs will continue to sell assets in their portfolios this year in order to obtain high profit, according to their draft budgets for 2013.
Erste Asset Management Romania Mulls EUR1B In Assets By End-June
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.