Number of Romanians investing in open-end funds up 39% y/y
<p>At the end of September, 755,000 Romanians were investors in open-end investment funds, 39% more compared to the same period last year, according to the Association of Fund Administrators (AAF) unveiling on November 5 data regarding the performance of investment funds in the third quarter of this year.&nbsp;</p>

<p>The portfolio of investment funds reached RON 46 billion (over EUR 9 billion), of which almost RON 26 billion were the net assets of the open-end investment funds, 37% up y/y.</p>

<p>"The number of investors reached 755,000 compared to the same period last year, which represents a jump of 39%. Bond funds and fixed-income instruments had a significant increase, especially since they have the largest percentage share in the total segment. Their increase was 24.4%, in total, and the increase at the market level of open funds was 37% compared to Q3 of 2023," explained Jan Pricop, the executive director of AAF, quoted by <a href="https://www.zf.ro/burse-fonduri-mutuale/asociatia-administratorilor-fonduri-piata-fondurilor-investitii-22541594?mc_cid=bd4b019d74&amp;mc_eid=cd1f92f96c" rel="noopener" target="_blank">Ziarul Financiar</a>.</p>

<p><em>iulian@romania-insider.com</em></p>

<p><em>(Photo source: <a href="https://www.dreamstime.com" rel="noopener" target="_blank">Ungureanu Vadim/Dreamstime.com</a>)</em></p>