In April, the assets managed by Pillar II pension funds increased by RON1.2 billion, per calculations by Ziarul Financiar. At the end of March, the seven Pillar II funds had assets of RON80.2 billion at the end of March, ASF data also showed.
The funds had approximately 7.6 million contributors.
Compared with April 2020, Pillar II pension funds increased their assets by nearly 32%, or nearly RON19 billion, ZF data show.
According to ASF, 89.7% of the assets of Pillar II funds was invested in Romania, and 8.13% in EU Member States. The bulk of investments target state treasuries (64.96%), followed by equity (23.8%).