The funds’ net subscriptions totaled RON3.55 billion in 2013, more than double compared with RON1.5 billion a year earlier.
The net assets of the seven bond funds rose 56.1% in 2013, to RON6.36 billion. Their net subscriptions amounted to RON1.96 billion last year, compared with RON729 million a year earlier.
The assets of the 15 local stock funds rose 23.1% in 2013 to RON198.1 million. Net subscriptions reached RON17 million, compared with RON3.5 million a year earlier.
The assets of closed-end investment funds also rose 38.5% last year, to RON564.3 million.
Erste Asset Management was top fund manager in at the end of December, with assets worth RON5.97 billion (27.45% market share), followed by Raiffeisen Asset Management with assets worth RON4.62 billion (21.24% market share). (EUR1=RON4.526)