The company, which manages manages 13 investment funds and Raiffeisen Acumulare, has generated cumulative profits of over EUR600 million for its clients over this period.
“We have evolved over the past 20 years and in many ways the evolution of Raiffeisen Asset Management reflects Romania’s own transformation in the same period.(…) Twenty years ago the entire Romanian asset management industry held around €60 million in assets. Today, our company alone attracts about €60 million in client subscriptions in a single month. (…) When we compare Romania with countries that have reached similar GDP per capita, it is clear our industry still has substantial room to grow,” said Mihail Ion, Vice President Retail and Member of the Management Board of Raiffeisen Bank Romania.
Over the past year and a half, RAM’s managed assets surged over 60%, reflecting investor confidence and growing interest in medium- and long-term placements. RAM holds a 20% market share, according to data from the Association of Asset Managers (AAF), and ranks third among investment fund managers in Romania.