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.
The restructuring plan laid out by Liberty Galați was validated by the Galați Court on Friday, August 1, after having been approved by 52% of the ailing plant’s creditors last month. The plan, approved by creditors and confirmed by the Galați Court, sets out firm measures to restructure both the company’s operational activity and the […]
Animest, Romania’s leading animation film festival, returns to Bucharest this autumn with a special 20th anniversary edition. Running from October 3 to 12, the festival invites audiences to explore the theme of "the journey” - a metaphor for both its two-decade history and the personal, emotional paths traced through animated storytelling, the organizers said. Last […]
An article delving into the benefits of hydrotherapy, published by the famous US newspaper The New York Times, features a recommendation for six wellness centers, including Romania’s Therme center. According to the article, “studies show that immersion in water, hot or cold, can calm the nervous system, reduce joint pain and inflammation, stimulate circulation, lower […]
Plastic surgeon Tiberiu Paul Neagu, head of the Burns Center at Floreasca Hospital, one of the major hospitals in Bucharest, was dismissed on Monday, August 4, after a patient was transferred to Belgium following multiple multi-resistant hospital-acquired infections. The scandal broke out when a patient with burns over 70% of her body, who had been […]
The Buzău Land/Ținutul Buzăului UNESCO Global Geopark has received high praise from evaluators following a three-day official visit aimed at assessing its progress and determining whether the site will retain its UNESCO geopark status. The visit, conducted in June by Goran Radonic (Croatia) and Iván Cortijo Sánchez (Spain), concluded with positive feedback for the geopark […]
One United Properties (BVB: ONE), a publicly listed developer that has so far been focused on Bucharest, announced the signing of a promissory sale and purchase agreement for land located in a prime central area of Sibiu. The site, located on the former FLARO industrial platform, offers significant potential for urban regeneration, according to company […]
