Active investors go for merger

The investors of three of the four funds managed by Active Management International, Active Classic, Active Junior and Active Dinamic have decided to merge the three funds during the consultations with the investors, organised by the management company. “We will file the report on the decisions of the General Meetings of Investors to the National Securities Commission (CNVM) today (i.e. two days ago) and then start the necessary procedures for the merger of the three funds,” the manager of the investment management company, Sorin Constantin, told Ziarul Financiar. The shareholders of the funds had three options to choose from: either go for a merger, liquidate the funds or go on as before. The management company holds a significant share of the money invested in the three funds, that is at least 10% in each. ZF