AAF members manage 63 local open-end fund and 21 closed-end funds. Additionally, the association distributes 54 foreign open-end funds on the domestic market.
The foreign open-end funds posted aggregate net assets of RON1.43 billion at the end of February, up 1.4% on the month, while the closed-end funds reported a combined net asset of RON435.7 million, 3.6% higher from the previous month.
Erste Asset Management was top fund manager in February, with assets worth RON4.03 billion (37.96% market share), followed by Raiffeisen Asset Management with assets worth RON3.5 billion (33% market share). (EUR1=RON4.3643)