Romanian private pension funds' assets grow in 2016
Monday, January 30, 2017
Net assets under the management of Romanian mandatory private pension funds increased 27.5% on the year to 31.46 billion lei ($7.5 billion/6.9 billion euro) in 2016, the financial supervision authority, ASF, said on Friday, seenews.com reports. Government securities had the highest share in mandatory private pension funds' assets, of 64%. Shares came in second with 18.73% and bank deposits were third with a 7.17% share, ASF said in a statement. The number of contributors to the ...