AAF members manage 66 local open-end fund and 23 closed-end funds. Additionally, the association distributes 56 foreign open-end funds on the domestic market.
The foreign open-end funds posted aggregate net assets of RON1.464 billion at the end of July, up from RON1.43 billion in the previous month.
Erste Asset Management was top fund manager July, with assets worth RON4.43 billion (24.1% market share), followed by Raiffeisen Asset Management with assets worth RON4.08 billion (22.2% market share). (EUR1=RON4.4373)