According to a report by the Financial Supervisory Authority (ASF), pension fund assets amounted to 4.42 billion lei at the end of October, which is 32% more than the level recorded on the same date last year.

“The majority of investments were made at the local level (96%), most of them were nominated in lei (90%),” the report says.

According to the cited source, the amount of contributions transferred in October was 52.9 million lei, while the average contribution was 158 lei.

At the end of October, government bonds had the largest share in assets, 2.914 billion lei, corresponding to 65.9%.

In second place were stocks with 1.101 billion lei (24.9%).

Corporate bonds were in third place from this point of view with 161.128 million lei, respectively 3.6% of total assets, and deposits with 117.795 million lei (2.7%).

According to the ASF, voluntary pension funds had 695,554 members in October 2023.

The following pension funds operate at level III: Aegon Essential, Azt Moderato, Azt Vivace, BCR Plus, BRD Medio, Generali Stabil, NN Activ, NN Optim, Pensia Mea and Raiffeisen Acumulare. (Agerpress)

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