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SIRA to launch a closed fund

Publicat la 26.03.2008, 22:00:00

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SIRA to launch a closed fund
Furthermore, current SIRA-managed mutual funds are to be repositioned on the market.

“We are exploring various ways to turn expertise accumulated over several years to good account, especially in terms of investments in stock shares,” the company’s CEO, Marius Olteanu, told Business Standard.

The closed fund could be operational in the second half of 2007.

SIRA was recently taken over by Vienna International Holding asset management company. It is already managing two mutual funds, FCEx and Omninvest.

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