FUNDS
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Stock Falls Wipe Out Tens Of Million Euros From Unit-Linked And Private Pension Accounts
Private pension funds and insurers’ unit-linked schemes have felt the full blow of capital markets’ decline in the past month, as millions of euros vanished from clients’ accounts.
Romania To Receive Over EUR16M In EU Border Management Funds In 2012
The sums the European Commission will allocate in 2012 to EU member states from the External Borders Fund will increase by about 28% compared to this year, and Romania will receive extra EUR...
Share Investment Funds Lose During Vacation What They Strove To Earn During The Year
Funds that invest in stocks have visibly reduced their yields, with Star Next fund registering the highest return at 8% for the first seven months of the year, amid fears over the sovereign...
Shock Change For EU Funds: Pre-Financing Down From 30% To 10%
Those who won EU-financed projects in the last few months will no longer be able to receive 30% pre-financing to start the activities of the project, as was the case for beneficiaries of EU...
Romanian Bank Deposit Guarantee Fund Liquidities Rise To RON2.1B In 1H
Romanian Bank Deposit Guarantee Fund (FGDB) Tuesday reported overall liquidities of 2.1 billion lei (EUR493 million) at the end of June, up by RON400 million from December 2010.
Franklin Templeton: Romanians Can Invest In 11 Luxembourg-Based Funds
Franklin Templeton Investment Management, manager of investment fund Fondul Proprietatea (FP.RO), Tuesday said will offer local investors access to 11 Franklin Templeton funds registered in...
Money Market Funds Fail Inflation Test
None of the eight money market funds on the Romanian market has managed to yield more than the annual inflation rate of 7.93% in the last 12 months.
Equity Fund Investors Don’t Trust The Rise Of The Stock Exchange
The five largest equity funds have lost 300 investors since the beginning of the year and recorded net withdrawals of around 15 million lei (EUR 3.59 million), although the overall trend of...
Rural Development Support Agency Paid EUR2.1B By End-June
The Romanian Payment Agency for Rural Development and Fisheries, or APDRP, paid by the end of June EUR2.11 billion from the funds allotted through the National Rural Development Program for...