The net assets of the 247 open and closed funds, local and foreign, increased in October, compared to the previous month, by 1.1% to the level of 48.5 billion RON (9.7 billion euros), and since the beginning of the year they have increased by 22%, according to a press release from the Association of Fund Administrators..According to the quoted source, the net income of the month totaled 546 million lei (109.7 million euros).The 5 best performing funds in the last 12 months recorded net annual returns between 27.2% and 29.3%; over a 36-month horizon, the 5 best-performing funds had returns between 50.3% and 94.8%, obtained over the last 3 years (as of October 2021).The net assets of the 94 local open funds increased in October by 1.8%, up to 26.4 billion lei (5.3 billion euros) and since the beginning of the year they have increased by 29.6%.bonds and instruments with fixed income (+404.0 million RON), those gathered under the category "other funds" (+108.9 million RON) and diversified ones (+47.7 million RON), while equity funds had net outflows (-11.6 million RON).The net assets expressed in lei of the 117 foreign open funds distributed in Romania increased in October by 0.7% compared to the previous month, up to 2.1 billion RON (0.43 billion euros) and since the beginning of the year they have increased by 15.5%.The foreign open-ended funds distributed in Romania, having a weight of 7.4% in the total assets of the open-ended investment funds, recorded inflows of 17.8 million RON (3.6 million euros) in October.The net assets of the 36 alternative investment funds increased by 0.3% in October, up to 19.9 billion RON (4 billion euros) and since the beginning of the year they have increased by 13.8%; local alternative investment funds had net outflows of 21 million RON (4.2 million euros) in the reported month.
The SIGNAL IDUNA companies concluded 2024 with a total gross written premium volume of approximately RON 424 million, marking an aggregated growth of 16% compared to the previous year. These financial results reflect the consolidation of a sustainable development strategy, supported by portfolio expansion, digitalization, the launch of new solutions for both individual and corporate […]
Kantar Romania launched, during an event dedicated to their clients, "The Trust Factor – Building Brands That Endure Uncertainty", the top 20 brands that manage to inspire the greatest confidence among the Romanian consumers, based on the analysis of 162 brands from 12 sectors*. In a period marked by uncertainty and skepticism, trust becomes the […]
Balancing career success with personal growth is a challenge many professionals face today. As the pressure to achieve and perform increases, many begin to crave more than just success: they want clarity, alignment, and a deeper sense of purpose. For Lin Holmquist, business coach and one of Europe’s most acclaimed experts in Tantra, Yoga, and […]
CFR Călători, the state-owned railway company for passengers, announced that the first train entirely made up of rolling stock modernized with funds from the EU-backed Recovery and Resilience Fund (PNRR) was introduced on the Bucharest North – Constanța route. The train, which is already running, consists of a locomotive delivered by the Softronic factory in […]
The first edition of Urban Habits (nUH), a festival aiming to be “a space for ideas, debates, co-creation, and experimentation,” takes place between April 26 and April 27 at Lokal and on Erou Ion Călin Street, which will be temporarily transformed into a pedestrian space. The program will address themes ranging from innovation, design, and […]
Mall Moldova, the largest shopping center in the Moldova region, officially opened on April 17 in Iași, covering 110,000 sqm. Developed by Prime Kapital, in partnership with MAS P.L.C., Mall Moldova is part of a large-scale investment plan carried out by the two investors in Iași, worth approximately half a billion euros, which also includes […]
