Romania Pillar II Private Pension Funds Will Be Able to Invest Up To 10% of Assets in Mutual Funds, from 5% Currently
<img src="http://storage0.dms.mpinteractiv.ro/media/401/1561/19568/22725594/1/bursa-de-valori-bucuresti-tranzactionare-apps.jpg?width=160&height=120"/> Managers of Pillar II mandatory private pension funds and Pillar III voluntary private pension ones will be able to invest up to 10% of assets in mutual funds, from 5% at present, in line with a draft government emergency ordinance, which also stipulates taking into consideration life-cycle-type funds. 
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