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Net assets of investment funds, up 1.4pct in June

The net assets of the 203 open-end and closed-end, local and foreign funds rose 1.4pct in June, to 44.4 billion lei (9.4 billion euro) recording an increase of 6.1pct since the beginning of the year.Net inflows of the month totaled 222.2 million lei (47 million euro), according to the Association of Fund Managers (AAF).The net assets of the 81 local open-end funds increased by 2.1pct in June, to 22.4 billion lei (4.7 billion euro), while the increase ...

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