Over 755,000 people are investors in opened investment funds in Romania, in quarter 3, 2024, 200,000 more than in the same period of 2023, while active stock reached 26 billion lei, said Horia Gusta, the president of the Association of Fund Administrators (AAF). In his turn, Jan Pricop, AAF CEO, pointed out the investment fund market in Romania had grown in quarter 3, 2024 compared to the same period of 2023, to 46 billion lei. “At present, we are in a recovery period compared to the end of 2022, especially in the segment of open investment funds. The market reached, at the end of quarter 3, 2024, 46 billion lei, of which about 26 billion of net active stock of open investment funds. Quarterly, compared to 2023, we had a 37% increase, compared to the previous quarter, we have an increase of at least 6%, with active stock of 26 billion lei, starting quarter 3 with 1.27 billion lei, which are by 300% higher than in the same period of 2023. Another important increase, of 52.4% was at the level of diversified funds. Bond funds and instruments with fixed income had an important rise, as they had the highest share in the whole segment. Their rise was 24.4% in total, while the market level increase of funds opened was 37% against quarter 3, 2023 in the segment of open investment funds, stock funds representing 25%. At European level, this segment has a share of 33%, while in the US it is 55%. Somehow we are going towards the European percentage and maybe we will also get close to the US market structure,” Pricop said. The number of investors, in quarterly evolution in Romania recorded an additional 37% from one year to another, with a notable increase of 74.25% with stock investment funds, where the level of 100,000 investors was reached, from 64,000, in quarter 3, 2023. “Another notable increase is at the level of diversified investment funds, where we have a plus of 42% and a total number of 184,000 investors.Bond funds and fixed income instruments remained popular. We have about 279,000 investors. There is also an absolute increase at diversified fund level, with a plus of over 54,000 investors, about 48,000 additional investors in bond shares, compared to last year , while we have over 71,000 investors in other funds. As for net quarterly subscriptions there is a drop against quarter 2, 2024. At the same time we notice that compared to quarter 3, 2023, we have four times higher net subscriptions of 1.27 billion lei”, he added. BVB and the Association of Fund Administrators (AAF), organized on Tuesday, a debate on the performance of investment funds at the end of quarter 3, 2024 and 2025 prospects.
Romania continues its humanitarian support for civilians in Gaza, conducting a medical evacuation mission to transport 13 Palestinian patients in urgent need of medical care, along with 34 family members. The operation, carried out on March 19 by a C-130 Hercules aircraft of the Romanian Air Force, ensured that those affected by the lack of […]
Prosecutors from the Romanian General Prosecutor’s Office are conducting 17 home searches in Bucharest and several counties on Thursday, March 20, targeting influencers Bogdan Peșchir and Makaveli, who promoted controversial politician Călin Georgescu online during the 2024 election campaign. The case involves voter bribery, and the searches aim to establish a connection between the individuals […]
The 2025 edition of the Superheroes Run, part of the Sports Festival in Cluj-Napoca, will support Via Transilvanica, a 1,400-kilometer trail connecting Romania’s historical and natural landmarks. Half of each registration fee will be donated to the project, which promotes outdoor exploration and cultural heritage. Scheduled for June 15 at Cluj Arena, the event invites […]
Low-cost carrier Wizz Air announced the expansion of its operations in Moldova, adding a third aircraft to its Chișinău base in October 2025 and launching six new routes. The move will provide over 393,000 additional seats and strengthen Moldova's air connections with Europe, the company said. Starting in late October, passengers will have direct flights […]
The 2025 edition of the World Happiness Report was released on Thursday, March 20, and Finland tops the overall list again for the eighth year in a row. Meanwhile, Romania landed in 35th, down from 32nd in 2024. Finland is first in the most recent ranking, with Finns reporting an average score of...
Anamaria Gavrilă, leader of the far-right Young People's Party, or POT, called police to her parliamentary office inside the Palace of Parliament and asked them to clear the press outside. Responding police officers, however, gave her a warning after determining that the media representatives had not violated any legal provisions. Gavrilă called the emergency number […]
