“We have known issuers in fintech, electronic commerce, electronic payments, healthcare or issuers part of stock market indices such as the blue-chip index of the euro zone EuroStoxx50. We are also looking at issuers with exposure to international developed markets such as Western Europe and fast-growing regions, such Asia and Latin America, and equally at the local market,” says Andreea Pipernea, NN Pensii CEO.
The detailed quarterly report came as a result of the Financial Supervisory Authority of Romania requiring pension funds to file such reports, following the Wirecard scandal.
The requirement from Pillar II (mandatory private) pension funds to release reports every quarter instead of every six months was published in the Official Gazette in mid-December 2020, so the funds have already published their first report on the third quarter 2020 investments.
(English version by Loredana Fratila-Cristescu)