Alpha Bank Romania introduces to the local market three investment funds part of Alpha (LUX) Global Funds, managed by Alpha Asset Management A.E.D.A.K., the Alpha Bank Group company specialized in fund management, and supervised by the Commission de Surveillance du Secteur Financier from Luxembourg. Alpha (LUX) Global Funds incorporate environmental, social, and governance criteria (ESG) in the investment analysis and in the decision-making processes, while offering an amplified diversification for various types of assets, geographical regions and currencies. “The three investment funds offer access to international financial markets, being adapted to the profile of investors interested in sustainability within their investment portfolios. Investors can build their portfolios on this ESG observance of the objectives that ensures compliance with environmental, social and governance criteria, thereby aligning their investments with personal values, as well as with broader objectives of the society”, said Mario Penados, Personal Banking Division Director of Alpha Bank Romania. The three funds — structured as fund of funds (FoF) and available in EUR and USD denominations—are registered in Luxembourg and address investors who wish to have a flexible and diversified portfolio with a global asset allocation in the medium to long term investment horizon. Alpha (LUX) Global Defensive FoF offers a diversified portfolio of mutual funds, including ETFs, managed by leading international asset managers, who mainly invest in euro-denominated bonds, money market instruments and deposits as well as European equities. Alpha (LUX) Global Balanced FoF invests primarily in units or shares of UCITS (Undertakings for Collective Investment in Transferable Securities) or other UCIs (Undertakings for Collective Investment), providing exposure to a moderate global asset allocation portfolio. Alpha (LUX) Global Themes FoF offers a diversified portfolio of equity mutual funds, including ETFs, and seeks to identify opportunities in areas such as climate change, innovative technologies, evolving consumer trends and demographic changes. Alpha Asset Management A.E.D.A.K. is a signatory of the United Nations’ “Principles for Responsible Investments” initiative and actively supports the sustainable development of the economy with its investment approach.
Some dinners are eaten. Others are remembered. At Corinthia Grand Hotel du Boulevard, the past few months have unfolded like a quiet culinary opera. One by one, Europe’s most celebrated chefs arrived, took over the kitchen of Boulevard 73 and left behind more than menus; they left stories. Now, on December 4, the curtain falls. […]
HORIZON CITY, a €130 million residential project, is emerging as one of the most solid and forward-thinking developments in the Pipera area—both through its scale and through the modern direction it sets for the new residential standards in the north. Developed across nearly 23,000 sqm, with 699 apartments and 926 parking spaces, the project brings […]
Romania’s National Forest Administration, or Romsilva, announced that it is putting over 16,000 Christmas trees up for sale over the winter in a press release published on Thursday, November 27. The trees can be purchased directly from the offices of the forestry districts. Prices range between RON 17 (EUR 3.3) for a spruce...
Lot 3 Pietroasele–Buzău of Romania's A7 highway, also known as the Moldova highway, was inaugurated on Thursday, November 27. The newly inaugurated segment is 13.9 km long. The A7 connects Romania’s historic regions of Muntenia, the southern part of the country, with Moldova, the eastern part. “We are opening another 13 km of the Moldova Motorway […]
The City Hall of Sinaia, a popular mountain town roughly 120 km north of Bucharest, announced that a new attraction, the alpine coaster on Pârtia Nouă, will officially open on December 1. The installation, located in the ski area near the Sinaia Gondola, features what the authorities say is the longest track of its kind […]
The Romanian national team debuted with a victory in Group A of the Women’s Handball World Championship, organized in the Netherlands and Germany. Romania won 33–24 (13–12) against Croatia in the Ahoy Arena in Rotterdam on Thursday, November 27. The Romanian team dominated the match in the second half, left backer Sorina-Maria Grozav scoring 7 […]
