News » March, 2011 » 8 March 2011
Eureko becomes first pension fund with investments out in the open
08.03.2011, 00:10 | Finance-Banks | 857 views
Private pensions fund Eureko is the first to publish its detailed structure of investments, after the private pensions watchdog announced it was preparing to tighten reporting and transparency rules for all pension managers. ZF wrote in an article published last year about the lack of transparency in the private pension industry, and the Supervisory Commission initiated a modification of the legislation. The fund's biggest investments are in Romanian T-bills, which attracted 65% of the over 237 million-lei assets, followed by bonds issued by British groups Lloyds TSB and Royal Bank of Scotland, held by the British state, with a cumulated share of 4.2% of the assets, and by EIB and EBRD bonds. Read more on ZF.ro
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