The asset management industry is in its infancy…

The investment fund industry is still in its infancy in Romania, said Dan Dascăl, CEO of BT Asset Management, during the ZF Capital Market Summit, 3rd edition. He believes that the assets of investment funds are too small compared to those of pension funds. “Asset management in Romania is in the beginning phase. Investment funds are still quite small compared to pension funds”. However, in recent years people have become increasingly attracted to investment funds with exposure to shares, an investment solution that has brought high returns.

“During this period, the assets of the share funds consolidated very well, their returns were very good in recent years”. Thus, Dan Dascal points out, the capital market in Romania has a good potential for development, especially when compared with countries in the region. “The companies listed on the BVB offer a sufficiently large potential compared to the countries in the region. Romania is in a favorable political and geographical context, unlike Hungary”.