The net assets of the 250 open-end and closed-end funds, local and foreign, increased in November by 3.2%, to the level of 59.7 billion lei (11.7 billion euros), and for the entire year 2025 the increase is 23.5%, according to data transmitted by the Association of Fund Administrators (AAF).The net inflows of November totaled 769 million lei (151.3 million euros).The 5 best-performing funds in the last 12 months recorded net annual returns between 45.7% and 49.2%; over a 36-month horizon, the 5 best-performing funds had returns between 106% and 116.7%, obtained over the last 3 years (compared to November 2022).The net assets of the 96 local open-end funds increased by 3.1% in November, to 34.6 billion lei (6.8 billion euros), and in 2025 they increased by 30%.Local open-end funds recorded net inflows of 704.8 million lei (138.6 million euros) in November, targeting equity funds (+390.2 million lei), diversified funds (+156.7 million lei), bonds and fixed-income instruments (+112.4 million lei) and those grouped under the "other funds" category (+50.2 million lei), while absolute return funds (-4.7 million lei) had net outflows.The net assets expressed in lei of the 118 foreign open-end funds distributed in Romania increased in November by 1.2%, up to 2.6 billion lei (0.51 billion euros), and in 2025 they increased by 17.7%.Foreign open-end funds distributed in Romania, having a share of 7% in the total assets of open-end investment funds, recorded net inflows of 61.8 million lei (12.2 million euros) in November.The net assets of the 36 alternative investment funds increased by 3.8% in November, up to 22.5 billion lei (4.4 billion euros) and in 2025 they increased by 15.2%. Local alternative investment funds had net inflows of 2.8 million lei (0.55 million euros) in the reported month.
World-renowned ballerina Maria Kochetkova will perform in Romania for the first time on March 5, 2026, as part of the Bucharest International Ballet Gala, an anniversary edition dedicated to sculptor Constantin Brâncuși. The event will be held at Sala Palatului and marks 150 years since the birth of Brâncuși, one of the most influential figures […]
Mihai Eminescu, Romania’s celebrated national poet, described actual places in many of his poems, and some can still be visited today. Verses written in iconic poems like Călin (file de poveste) describe places in Vânători Neamț Natural Park, part of the ecotourism destination Ținutul Zimbrului, according to a press release. Visitors can actually step through […]
American and Romanian experts in managerial excellence, competitiveness, and leadership announced the launch of the Romanian Performance Excellence Program 2026 on January 15. Inspired by the US Baldrige Program, the new initiative is aimed at professionalizing management and increasing the competitiveness of public and private organizations. The program is organized by the National Foundation of Young […]
The Yellow Tie/Cravata Galbenă, a biographical film inspired by the life of Romanian conductor Sergiu Celibidache, has been selected for the programme of the 41st edition of the Santa Barbara International Film Festival, one of the most prestigious film events in the United States. Directed by Serge Ioan Celebidachi, the film will have its US […]
Real estate developer Park Properties, led by Alexandru Mănăilă, has partnered with businessman George Peltecu to develop SunLake Snagov Signature Collection, a high-end residential project featuring lakeside villas and a private marina. The construction is set to begin this spring, the company said. The complex will be built on a 15,000 sqm plot of land, […]
Romanian president Nicușor Dan marked National Culture Day in a message on Thursday, January 15, announcing that the theater hall at the presidential Cotroceni Palace will be made available periodically, free of charge, for performances by independent troupes of young actors and by high school theater groups. In the accompanying message, the president emphasized the […]
