Thus, in July, 11 bond funds reported net assets worth RON853 million, while net subscriptions cumulated RON2.6 million that month.
At the same time, the AAF members managed, through 15 foreign funds, net assets worth RON362 million. In July, investors sold fund units for a total RO10.7 million.
The highest asset value was reported by the foreign open-en funds managed by ING Asset Management Netherlands, which cumulated RON1.1 billion (EUR265 million) at the end of July, namely a 13.43% market share.
ING Investment Management manages assets worth more than EUR500 million on a global level.
Second place, with respect for the assets managed by foreign funds in Romania, went to Pioneer Asset Management, with RON68.8 million.
Among AAF members, Erste Asset Management had assets worth RON21.8 million through foreign funds, and Raiffeisen Asset Management reported assets worth RON6.4 million. (EUR1=RON4.2669)