Assets of privately-managed mandatory pension funds at 39 bln lei as of end November

Assets of privately managed mandatory pension funds amounted at roughly 39.008 bln lei as of November 30, 2017, up 26.95 percent YoY, the Financial Supervisory Authority (ASF) said.Government securities account for the highest share of the assets with 24.1 bln lei (61.79 pct), followed by shares with 7.66 bln lei (19.65 pct). Bank deposits are third at 3.53 bln de lei, or 9.07 pct of the total assets.According to ASF data, Pillar II total assets stood ...

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