Hyposwiss bets 33m euros on Romania

Investment fund Danube Tiger managed by Switzerland-based Hyposwiss, has become one of the biggest portfolio investors on the Romanian market in the last few months. Its exposure on Romanian financial assets now stands at 33 million euros, which is approximately one third of the fund’s total assets. Hyposwiss analysts say the capital market in Romania provides the best opportunities in the region and expect investments to grow even larger once Romania has joined the European Union. “We bet on the growth the European Union accession is to bring, as in the case of Italy, Greece or the countries that joined this year. We believe Romania is the best market for investments in shares at the moment. The market is more transparent and liquid here compared with Bulgaria or Croatia, particularly because of the large number of small investors,” Stefan Jaggi, Danube Tiger’s manager told Ziarul Financiar. ZF