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.
Romanian prime minister Marcel Ciolacu said on Monday, February 24, that a "lasting peace" in Ukraine cannot be achieved without the involvement of the United States, and argued that Romania does not have to choose between it and the European Union. The statements come as the Trump administration is currently negotiating a resolution to the […]
Romania's acting president, Ilie Bolojan, has invited leaders of parliamentary parties to consultations on Wednesday, February 26, to prepare the country's stance for the extraordinary European Council meeting on March 6 in Brussels. The summit, convened by European Council president Antonio Costa,...
Roughly 40 searches took place in the Port of Constanța and other locations on Monday, February 24, in an investigation by the Anti-Corruption Directorate, or DNA, targeting influential local businessmen, former customs officials in the port, and one of the leaders of the Constanța branch of the governing Social Democratic Party (PSD). The prosecutors’ accusations […]
The Bucharest Community Foundation has announced funding for two new projects aimed at enhancing climate resilience in the Romanian capital by implementing sustainable ecological solutions to improve urban infrastructure and environmental quality. The projects were selected through the sixth round of the Environmental Platform for Bucharest initiative. Out of 16 eligible proposals, the jury chose […]
One of the hostages released on Saturday, February 22, by the terrorist organization Hamas also holds Romanian citizenship. The exchange took place before another setback in negotiations and exchanges. Hostages Tal Shoham and Avera Mengistu were released during a staged event in Rafah, and hostages Eliya Cohen, Omer Shem Tov, and Omer Wenkert were released […]
Polish company Scallier, who is expanding its network of Funshop Park retail parks in Romania, is set to open a new shopping center in the Arad region. The opening date for the roughly 10,000 sqm retail park is March 6. The decision to build a retail park in the Arad region in western Romania was […]
