Raiffeisen Asset Management reaches equivalent of EUR 300 mln of managed assets

Newsroom 22/02/2010 | 10:38

The assets managed by Raiffeisen Asset Management have reached the equivalent of EUR 300 million, company officials have announced. About 42 percent of the total (EUR 126 million) are investments in bonds and treasury certificates, out of which almost EUR 70 million are public securities investments. Stock investments and stock funds represent 6.2 percent of total, or EUR 19 million. Almost 59 percent of assets are RON investments while 41 percent are in foreign currency.

“As the social-economic environment becomes more stable and the degree of financial education improves, Romanians will take on more long-term investments,” said Mihail Ion, president of Raiffaisen Asset Management. In his opinion, this would allow customers to obtain higher returns than those offered by current investment structures.

Anda Dragan

BR Magazine | Latest Issue

Download PDF or read online: July 2023 Issue | Business Review Magazine

The July 2023 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “At a Crossroads: Budget Deficit Endangering Romania’s Economic
Newsroom | 31/07/2023 | 14:14

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu

    I agree with the storage and handling of my data by business-review.eu

    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue