MUTUAL FUNDS
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Deposit Outflows Bring Record High Inflows For Mutual Funds In November
Mutual funds in Romania ended November with record-high net inflows of 777.8 million lei (EUR174 million), the largest monthly amount ever attracted on this market.
Mutual Funds Financed Romania’s Budget Deficit By Over RON6B
Mutual funds financed Romania’s budget deficit by purchasing treasury bonds worth more than 6 billion lei (EUR1.35 billion), which translates into almost half of RON12.5 billion worth of ass...
Most Profitable Mutual Funds In Past 3 Years: Only Two Funds Earned Over 30%
Investors in bond funds have had the most to gain in the past three years. By taking low risks, bond funds have earned an average yield of almost 23%, above the bank interest rate and above...
Romania To Set Up Agriculture Mutual Funds Extending Risk Coverage
Romania will set up agriculture mutual funds to take up risks insurers do not cover, according to an emergency ordinance approved by the Government Wednesday.
Mutual Funds Break Record After Record: Net Inflows Climb To EUR82M In March
Mutual funds attracted a record net amount of 361 million lei (EUR82 million) from investors in March, almost as much as in the first two months of the year, when the amounts attracted were...
Romanian Mutual Fund Market Grows Despite Negative European Development
The Romanian mutual fund market became a European performer with net inflows of EUR86 million in the third quarter, while mature markets such as France, Spain and Italy lost billions of euro...
Mutual Funds Betting On Euro Attract Wealthiest Retail Investors
Romanians set 5.3 billion (EUR1.2 billion) aside for investments in mutual funds. The richest of them chose euro-denominated mutual funds, while those with less money were more willing to ta...
How Many Mutual Funds Yielded Higher Gains Than Bank Deposits
About 30 of the 63 mutual funds on the local market managed to beat bank deposit interests in the first half, which stood at 3.25% a year, even though many of the funds that posted lower yie...
How The Largest Mutual Fund In Romania Was Created
The creation of the largest mutual fund in Romania started in Brussels, at the European Commission to be precise, which decided to change the rules for the operation of money-market funds to...