funds
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Stock market funds on the rise
The increase in the quotes on the Stock Exchange and the collection of part of the due dividends made the funds investing in shares 3%-4% richer in only a couple of weeks. The fund shares ma...
Banks are bringing back funds deposited abroad
Staring last year, for the first time in the last twelve years after all, the banks in the Romanian banking system decided to no longer take their foreign currency out of the country and dep...
Only 5 funds top inflation
The mutual fund shares went up only 0.7% on the average last month, compared with the 1.1% inflation. The domestic currency during the same month lost 1.2% to the euro and 0.4% to the dollar...
EU considering more funds
Romania could get the most money for accession of all the 12 EU applicant states throughout 2004-2006, Romania's Negotiator for the EU Vasile Puscas said while in Cluj Napoca on Sunday. He a...
Mutual funds post more losses
The Stock Exchange growth last year and the decline in the monetary market yields have pushed more and more mutual funds to invest in listed securities. Only six of the 21 open-end funds par...
HSBC funds Otopeni Airport
Bucharest-Otopeni International Airport Company will negotiate with British bank HSBC Plc the terms of a loan worth 16.19 million euros, aimed at modernising the airport. "Negotiations with...
Inflation outperforms mutual funds again
The mutual funds part of the National Union of Collective Placement Bodies (UNOPC) have once again failed to keep up with inflation in the first month of this year. Their shares went up 1.1%...
BCR and BRD about to storm Romanian mutual funds market
Banking deposits rates keep dropping, pushing many investors to look for more profitable investment options. Since the revenues derived from interest rates and insurance will be encompassed...
Mutual funds plagued by underperformance
The increase of the open investment fund shares in December kept below the inflationary rate, as it had also done in November. Investments in mutual funds in December produced a 1.3% yield o...