AAF members manage 63 local open-end fund and 21 closed-end funds. Additionally, the association distributes 55 foreign open-end funds on the domestic market.
The foreign open-end funds posted aggregate net assets of RON1.47 billion at the end of May, up 2.7% on the month.
Erste Asset Management was top fund manager in May, with assets worth RON4.38 billion (23.94% market share), followed by Raiffeisen Asset Management with assets worth RON3.92 billion (21.4% market share). (EUR1=RON4.5225)