The expectations of BSE fund managers for 2024 bursa.ro - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bursa.ro Daily Mail and Mail on Sunday newspapers.
(Interview with Adrian Negru, CEO of Raiffeisen Asset Management) "By investing gradually and constantly, I significantly reduce the impact of volatility on the portfolio" "Most likely the local market will have a markedly different evolution from that of developed markets, similar to what happened in recent years" "As tough as 2022 was, it created the conditions for Romanian assets to become attractive "in corpore" "As inflation continued its downward trend and the market entered under the specter of falling interest rates, we see a gradual positioning towards funds with longer maturities"
Adrian Negru, Raiffeisen Asset Management: "From a strategic point of view, Romania has probably never been in such a good moment" Horia Braun-Erdei, Erste Asset Management: "The constellation of economic policies is very favorable for stocks" Dan Popovici, OTP Asset Management: "In the medium and long term, the capital market brought an annual return between 8 and 12%" Călin Meteş, Franklin Templeton: "I expect to see a higher appetite for IPOs at BVB" Mihai Purcărea, BRD Asset Management: "We have to explain to clients that we are talking about investments, not short-term speculation"
Robert Burlan, Raiffeisen Asset Management: "The Hidroelectrica IPO attracted considerable amounts of money, which later returned to the market" Dragoş Manolescu, OTP Asset Management: "Expectations regarding future interest rate cuts fueled the revaluation of companies, with a positive impact on share prices" Rareş Trif, BT Asset Management: "We started from a point where BET shares were undervalued" Răzvan Paşol, Patria Asset Management: "The Romanian economy performed reasonably, and the global capital markets performed very well"
Business - The first 9 months of 2023 indicates solid results for Raiffeisen Bank Romania. This is the result of financing the real economy and continuing the vision