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Private Pension Funds’ Assets Will Increase To EUR11B In Next Five Years
Banks-Insurance

Private Pension Funds’ Assets Will Increase To EUR11B In Next Five Years

The assets of Romania's mandatory (Pillar II) and voluntary pension funds (Pillar III) will increase to EUR11 billion in the next five years, from EUR2 billion at the end of August, Mihai Co...

Ioana Tudor · 19.09.2012 · 15:20 · 1 min
Romanian Open-End Fund Assets Up 3% To RON8.15B In July
Capital Market

Romanian Open-End Fund Assets Up 3% To RON8.15B In July

The combined net assets of Romanian open-end investment funds rose 2.9% to 8.15 billion lei (EUR1.78 billion) in July, from RON7.92 billion a month earlier, the Romanian Association of Asset...

Florentina Dragu · 09.08.2012 · 16:05 · 1 min
Banks-Insurance

Private Pension Funds' Net Assets Up 3.2% In June, To RON8.44B

The assets of Romania's mandatory (Pillar II) and voluntary pension funds (Pillar III) reached 8.44 billion lei (EUR1.84 million) at the end of June, up 3.2% on the month, private pension sy...

Ioana Tudor · 20.07.2012 · 16:15 · 1 min
Bucharest Shopping Center Cocor Put Up For Sale For EUR50M
Real Estate

Bucharest Shopping Center Cocor Put Up For Sale For EUR50M

The shareholders of shopping center operator Cocor Bucuresti (COCR.RO) have approved the sale of all its assets to restructure the company, and the asking price of shopping center Cocor in d...

Ioana Tudor · 18.07.2012 · 12:09 · 1 min
Capital Market

SIFs' Net Assets Fall 5% To RON6.12B In June

Romania’s five regional investment funds (SIFs) reported combined net assets worth 6.12 billion lei (EUR1.34 billion) in June, down 5.1% from a month earlier.

Florentina Dragu · 16.07.2012 · 12:22 · 1 min
Capital Market

Open-End Fund Assets Rise To RON7.92B In June

The combined net assets of Romanian open-end investment funds inched up 1% to 7.92 billion lei (EUR1.78 billion) in June, from RON7.83 billion a month earlier, the Romanian Association of As...

Florentina Dragu · 10.07.2012 · 14:58 · 1 min
Private Pension Funds' Net Assets Up 2.1% In May, To RON8.17B
Banks-Insurance

Private Pension Funds' Net Assets Up 2.1% In May, To RON8.17B

Romania's mandatory (Pillar II) and voluntary (Pillar III) private pension funds reported net assets worth 8.17 billion lei (EUR1.83 billion) at the end of May, up 2.15% on the month, accord...

Radu Bostan · 18.06.2012 · 16:03 · 1 min
Erste Merges Its Funds Into A Giant One Of RON3.1B
Capital Market

Erste Merges Its Funds Into A Giant One Of RON3.1B

Erste Asset Management, the asset manager of the BCR group, will merge its two largest funds, BCR Monetar and BCR Obligatiuni, into a giant fund with cumulated assets of 3.1 billion lei (aro...

Roxana Pricop · 14.06.2012 · 00:00 · 1 min
Romanian Open-End Fund Assets Up 3% To RON7.83B In May
Capital Market

Romanian Open-End Fund Assets Up 3% To RON7.83B In May

The combined net assets of Romanian open-end investment funds rose 2.9% to 7.83 billion lei (EUR1.75 billion) in May, from RON7.62 billion a month earlier, the Romanian Association of Asset...

Florentina Dragu · 13.06.2012 · 13:41 · 1 min