Since January, the combined net assets of the local open-end funds rose 27.7%, data from the Association showed.
The 55 foreign open-end funds distributed on the local market posted aggregate net assets of RON1.35 billion at the end of November, up 1.9% on the month.
Erste Asset Management was top fund manager in November, with assets worth RON3.67 billion (22.4% market share), followed by Raiffeisen Asset Management with assets worth RON3.57 billion (21.85% market share). (EUR1=RON4.5388)