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Mandatory private pension funds stockpile assets worth almost 45 billion lei, up 20pct, in July

The mandatory private pension funds had stockpiled assets worth 44.64 billion lei, on 31 July 2018, up 20 pct as compared to the same month of the previous year, according to data from the Financial Supervision Authority (ASF).The state securities hold the largest share in the assets, of 27.13 billion lei, 60.78 pct respectively. Shares rank second, with 8.11 billion lei (18.17 pct). Bank deposits ranked third in this respect, with 4.71 billion lei, or 10.56 pct ...

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