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funds

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ZF English

Rapid growth in salaries, a nice surprise for pension funds

A rapid growth in the average salary across the economy means that the assets of private pension funds are set to increase beyond expectations, which has stirred a great deal of interest on...

Mihai Bobocea · 11.09.2007 · 19:17 · 2 min
ZF English

Ioan Micula rules out partnerships with funds, considers floatation

Ioan Micula, one of the shareholders of the European Food & Drink group, the biggest player involved in the domestic food industry, which posted approximately 700 million euros in revenues l...

Mihaela Popescu · 10.09.2007 · 18:52 · 3 min
ZF English

Raiffeisen Capital Management launches 11 international investment funds in Romania

Romanian investors can now invest in Raiffeisen's international funds, after the specialised division of the Austrian group, Raiffeisen Capital Management, launched 11 products on the Romani...

Ziarul Financiar · 05.09.2007 · 18:10 · 1 min
Closed-end funds in Cluj rock the BSE
ZF English

Closed-end funds in Cluj rock the BSE

Closed-end investment funds managed by Cluj-based companies have achieved yields of up to 104.3% over the last 12 months, while the BET stock exchange index increased by 32.3% during the pas...

Ziarul Financiar · 28.08.2007 · 18:19 · 1 min
ZF English

11 new mutual funds waiting to enter the market

The mutual fund market is likely to include a further 11 funds, which are awaiting autho0risation from the National Securities Commission (CNVM), according to the commission's representative...

Ziarul Financiar · 23.08.2007 · 18:17 · 1 min
First 5 mandatory private pension funds authorised
ZF English · Private Pensions

First 5 mandatory private pension funds authorised

The Private Pension Supervision Commission (CSSPP) authorised the first 5 mandatory private pension funds (the 2nd pillar) on Tuesday and estimates, in total, that 15 firms will receive the...

Mihai Bobocea · 23.08.2007 · 18:16 · 2 min
ZF English · Pensions

Overview of the first three mandatory pension funds

The first three mandatory pension schemes (pillar II) have been given the green light from the Private Pensions Commission (CSSPP). What are the similarities and the differences between thes...

Mihai Bobocea · 30.07.2007 · 17:44 · 3 min
ZF English

Assets of voluntary pension funds exceed 50,000 euros

Net assets of voluntary private pension funds (the 3rd pillar) have exceeded 50,000 euros, according to an announcement made by BRD-SocGen, the depositary bank of the funds. The reporting da...

Ziarul Financiar · 27.07.2007 · 19:39 · 1 min
ZF English · Banks

Bank deposits sell investment funds

Positioned on the border between conditioned sales and bank offers, the products bundling together bank deposits and fund units have helped to bolster the popularity of the bank-owned invest...

Roxana Pricop · 27.07.2007 · 19:35 · 2 min