BCR AM gains top spot among fund managers - Azi

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Stock market corrections have changed the ranking of mutual fund managers, and the only asset increases registered were driven by bond funds.

The management units of the top five banking groups on the market are vying over more than 70% of a mutual fund industry worth 921 million RON, whilst the remaining 13 managers cumulated assets worth 253 million RON. BCR Asset Management (AM) is the leading fund manger with net assets managed worth more than 267 million RON at the end of July, which...

Read the whole story in: Ziarul Financiar