SIF Muntenia acquires Raiffeisen Strategii Valutare shares

SIF Muntenia financial investment company acquired 1,760 shares of the Raiffeisen Strategii Valutare closed investment fund, worth RON 3.52 million (some €994,000), said the company.

At the end of July, SIF Muntenia had placements worth RON 10.75 million (€3.04 mln) in investment funds, while net assets rose to RON 1.9 billion (€537.53 million).

Raiffeisen Asset Management launched Raiffeisen Strategii Valutare closed investment fund in July, the first Romanian fund with placements on the monetary and foreign currency markets, which targets higher yields than interbank interests. (NewsIn)