The net assets of the local open-end funds stood at EUR 4.7 billion, at the end of April. The assets have increased by 0.2% since the beginning of the year.

In April, local funds saw outflows of EUR 4 million and inflows of EUR 10.7 million.

The net assets of the foreign open-end funds distributed in Romania dropped by 0.6% compared to March, when expressed in local currency, to RON 2.3 billion (EUR 520 million). They’ve recorded a drop of 1% since the beginning of the year.

The net assets of 23 closed-end funds in the local market dropped by 1.5% in April compared to March, reaching about EUR 107 million.

editor@romania-insider.com