THE COLLECTIVE INVESTMENT FUNDS - A ROMANIAN AND EUROPEAN PERSPECTIVE

Cosmina Madalina Pop () and Victoria Bogdan ()
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Cosmina Madalina Pop: University of Oradea, Faculty of Economics, Oradea, Romania
Victoria Bogdan: University of Oradea, Faculty of Economics, Oradea, Romania

The Annals of the "Stefan cel Mare" University of Suceava. Fascicle of The Faculty of Economics and Public Administration, 2009, vol. 9, issue Special, 204-211

Abstract: The paper aims to realize a general image of the collective investment funds acting on the Romanian and European capital markets. Collective investment funds, classified in open-end funds (mutual funds or UCITS – Undertaking for Collective Investment in Transferable Securities) and closed-end funds (or Non UCITS) offer the investors the advantage of direct access on capital and monetary markets with less money, effort and risks. Further we have analyzed the regulations that operate the Romanian and European funds market, the size of Romanian funds market compared to other countries in the region in detailed statistical data and also the growing potential.

Keywords: collective investment funds; UCITS; Non-UCITS; European funds market (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:scm:ausvfe:v:9:y:2009:i:special:p:204-211

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