funds
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Inflation defeats 50% of the mutual funds
Only nine out of the nineteen mutual funds to have been operational throughout the entire last year managed to offer their investors a yield good enough to at least cover the 14.1% inflation...
Foreign investment funds still wooing Romanian household appliance retailers
The Romanian retail market of household appliances, chiefly its consumer finance component, is still drawing lots of interest from the foreign investment funds. Whereas Flanco is in talks to...
Certinvest to launch 3 more funds
Investment management company Certinvest, recently acquired by the Romanian American Enterprise Fund (RAEF), will launch three new investment funds this year, in addition to the other three...
Several foreign investment funds keep buying Banca Transilvania shares
Several investment funds or foreign institutional investors have bought some 10% in Banca Transilvania in the past few months. The efforts made by these investors to increase their stakes in...
Slovenians to enter mutual funds market
Slovenian financial group KD, which manages assets worth 700m euros, will enter the Romanian investment management market, thus confirming the foreign investors' interest in this sector, whi...
Only 2-3m euros for occupational funds
The capital of the companies managing occupational pension funds may eventually amount to 2-3 million euros and not to 10 million euros, according to one of the amendments proposed by the Ch...
Mutual funds rejoice in higher interests
The increase in interests on the monetary market showed in the performance of the Romanian mutual funds last month. Moreover, the slight rise in the quotes on the Stock Exchange improved the...
Mutual funds rejoice in higher interests
The increase in interests on the monetary market showed in the performance of the Romanian mutual funds last month. Moreover, the slight rise in the quotes on the Stock Exchange improved the...
Mutual funds cut fees to boost market share
The interest rate cuts and the fiercer competition on the market of mutual funds are making increasingly more fund managers start thinking about cutting the fees levied for redemption and mo...