Assets managed by Romanian open-ended investment funds reach EUR 5 bln, with over 755,000 investors

The number of investors in Romanian open-end investment funds like ETFs or mutual funds exceeded 755,000 people by the end of the third quarter, increasing by over 200,000 compared to last year, while the assets managed by these funds reached nearly RON 26 billion (over EUR 5 billion) within a total market of almost EUR 10 billion.

The figures were discussed at the quarterly debate organized by the Romanian Fund Managers’ Association (AAF) and the Bucharest Stock Exchange (BVB) at the BVB Amphitheater within the Bucharest University of Economic Studies (ASE). Present at the debate, fund managers explained to economics students the benefits of starting investments as early as possible, even during their studies, as well as the importance of investment regularity and duration and the market’s future outlook