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ASSETS

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Banks-Insurance

Private Pension Funds' Net Assets Up 4% In Oct, To RON6.45B

The net assets of Romania’s mandatory private pension funds (Pillar II) and voluntary pension funds (Pillar III) reached 6.45 billion lei (about EUR1.48 billion) at the end of October, up 4....

Ioana Tudor · 15.11.2011 · 15:38 · 1 min
Capital Market

Fondul Proprietatea Net Asset Value Up 2.2% In October, To RON15B

The net asset value of Romanian investment fund Fondul Proprietatea (FP.RO) rose 2.24% on the month in October, to 14.944 billion lei (EUR3.44 billion), as the Bucharest market started to re...

Andrei Cîrchelan · 15.11.2011 · 12:58 · 1 min
Capital Market

Romanian Open-End Fund Assets Drop 1.4% In October, To RON6.89B

Romanian open-end investment funds reported cumulated net assets of 6.89 billion lei (EUR1.58 billion) in October, down 1.4% on the month, while foreign investment funds distributed on the l...

Andrei Cîrchelan · 09.11.2011 · 17:07 · 1 min
State Paper Is Best Shelter From Crisis For Pension Funds
Banks-Insurance

State Paper Is Best Shelter From Crisis For Pension Funds

Mandatory private pension funds have sheltered from the sovereign debt crisis by investing preponderantly in government bonds, seeking to offset the significant losses recorded by shares, as...

Roxana Pricop · 21.10.2011 · 00:00 · 3 min
Banks-Insurance

Private Pension Funds' Net Assets Up 2.2% In September, To RON6.2B

The net assets of Romania’s mandatory private pension funds (Pillar II) and voluntary pension funds (Pillar III) reached 6.2 billion lei (about EUR1.4 billion) at the end of September, up 2....

Ioana Tudor · 17.10.2011 · 17:19 · 1 min
Capital Market

SIFs' Net Assets Down 3.5% To RON6.5B In September

Romania’s five regional investment funds (SIFs) reported combined net assets worth 6.5 billion lei (EUR1.5 billion) in September, down 3.5% from a month earlier.

Florentina Dragu · 14.10.2011 · 20:43 · 1 min
Mutual Funds’ Exposure To Stock Markets At All-Time Low
Capital Market

Mutual Funds’ Exposure To Stock Markets At All-Time Low

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 b...

Roxana Pricop · 12.10.2011 · 00:00 · 1 min
Hungary’s Abo Puts Up Its Romanian Operations For Sale
Companies

Hungary’s Abo Puts Up Its Romanian Operations For Sale

Hungary’s Abo Group, a top-ten company on the Romanian milling and bakery market, has put its business up for sale, as well as the tens of millions of euros in assets it holds in Romania.

Andrei Cîrchelan · 12.10.2011 · 00:00 · 1 min
Capital Market

Open-End Fund Assets Rise 1.7% M-M In Sep, To RON7B

Romanian open-end investment funds reported cumulated net assets of 6.99 billion lei (EUR1.62 billion) in September, up 1.7% on the month, while foreign investment funds distributed on the l...

Andrei Cîrchelan · 10.10.2011 · 17:34 · 1 min