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Mandatory private pension funds have assets worth 85.98 billion lei in November, up 18%

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Mandatory private pension funds had assets worth 85.98 billion lei at the end of November 2021, up 18% from the level recorded on November 30, 2020, according to the Financial Supervisory Authority (ASF), Agerpres reports. "The investments of privately managed pension funds were 87% focused on Romanian assets, most of them denominated in lei. A large part of the Romanian instruments are represented by government securities or shares listed on the Bucharest stock exchange," the report mentioned.

Government securities had the highest share of assets, of 52.259 billion lei, respectively…

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