Assets of privately managed mandatory pension funds at RON 121.56 bln as of end-November
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Assets of privately managed mandatory pension funds at RON 121.56 bln as of end-November
Total assets held by Romania's privately-managed pension system (Pillar II) stood at RON 121.56 billion as of end-November 2023, up 27 percent YoY, the Financial Supervisory Authority (ASF) reports.
To an extent of 93 percent, investments by privately managed pension funds were in Romanian assets, most of them denominated in RON. A considerable chunk of the Romanian instruments is represented by government securities or BVB-listed shares, the report mentions.
Government securities account for…
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