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 Atlantic Council will honor Romanian president Klaus Iohannis with the Distinguished International Leadership Award for his remarkable career, exemplary leadership of Romania, and his transatlantic and European leadership role. The Atlantic Council’s Distinguished Leadership Awards are often referred to by media as “the Washington Oscars.” Among the honorees are a European head of state, […]
The colorful rapeseed fields in the southern part of Romania have been photographed by NASA from a satellite and featured in an accompanying article titled “Golden Fields in Romania.” The spectacular images were taken last month above the area where the Olt River intersects with the Danube. According to the article, NASA personnel were impressed […]
UiPath, an AI-based company founded by Romanian entrepreneurs and listed on the New York Stock Exchange in 2021, has recruited Raghu Malpani as Chief Technology Officer. Malpani, who was Corporate Vice President at Microsoft for the Microsoft 365 Application and Data Platform will report to the Director of Innovation and the Executive President of UiPath, […]
Production and new orders rise after nine straight months of decline Business confidence picks up, while hiring is back on the agenda Cost inflation eases and selling prices rise only fractionally An improvement in the health of the Romanian manufacturing sector was signalled for the first time in the survey's history, according to the latest […]
Raiffeisen Bank Romania continues its growth strategy in personal financial planning, up 50% in the first quarter of the year in the segment of investment plans, voluntary pensions and life insurance with a savings component. At the same time, it continued to support SMEs and accelerated investments to launch new functionalities in the mobile banking […]
Road crews have begun snow removal on Romania’s spectacular mountain road known as Transfăgărășan. Since there is less snow than in other years, the road could be opened much earlier than the usual date of July 1, according to authorities. Transfăgărășan, Romania’s second-highest road after Transalpina, is being cleared of snow so it can be […]
