funds
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Raiffeisen launches its first funds to invest abroad
Raiffeisen Asset Management, the investment management company of Raiffeisen Bank, launched the first mutual funds that will also invest in listed shares on the international capital markets...
Equity mutual funds, 2.4m-euro net inflows
In May, mutual funds with placements in equity posted net inflows worth 2.4 million euros (8.4 million RON), despite considerable declines that these funds coped with during corrections on t...
Carpatica wants to enter mutual funds market
Banca Comerciala Carpatica intends to enter the mutual fund market this year by launching a diversified fund at first. The mutual fund market stood at some 136 million euros at the end of Ap...
SIFs, albatross around mutual funds'' neck
The sharp decline on the Bucharest Stock Exchange in the second half of May, led to yields of the mutual funds investing in shares, calculated since the beginning of the year, to drop to neg...
A new El Dorado for investment funds
One of the most competitive construction materials sectors, the paints and varnishes, will see sales reach 260-270 million euros by 2010, approximately 70% more compared with the level of la...
Investment funds sell 33% of Rolast
A stake amounting to almost 33% in the rubber parts manufacturer Rolast Pitesti was transferred on Tuesday on the Bucharest Stock Exchange in a transaction worth 6.8 million RON (almost 2 mi...
Monetary funds follow downward interest trend
Monetary investment funds, which invest in low-risk fixed-income monetary instruments, such as bank deposits or government securities, have started to lose ground fast. This is due to dwindl...
Mutual funds speed up towards 1bn euros
The mutual funds market will go beyond 1 billion euros by 2010, according to analysts. The main players are already striving to secure a solid share of the market. Fund managers are banking...
Funds investing on BSE return to profit in April
Mutual funds with placements in equity reverted back to deriving positive yields in April, after their performances had been hit in March by corrections on the Stock Exchange. With few excep...