Assets of mutual funds increase by more than 23 pct in H1
Friday, July 13, 2007
The combined net assets of the open investment funds reached 781 million lei late in June, that is an increase by 23.3 percent as compared with the end-2006 figures, according to data made public on Wednesday by the National Union of Collective Placement Bodies.Expressed in the European currency, the net assets of the mutual funds were standing at 250 million euros, that is an increase by 33.7 percent, on the background of an appreciation by 7.3 percent of the Romanian currency leu as ...