OTP Asset Management Romania, 30% increase of assets under management in 2016 (07/12/2016)

    • OTP Asset Management Romania, significant positive results in 2016: 30% increase of assets under management, over 11% increase in the number of investors;

  • Investment fund market in Romania has increased more than 32 times in terms of assets under management (up to over 24 billion Lei), and over 5 times in terms of number of investments (up to 427,000 investors), in the last 10 years;
  • The amount of investment in Romania is around 445 Euro / capita.

Bucharest, December 7th, 2016 – During 2016, OTP Asset Management Romania registered positive results both in terms of the number of investors in managed funds (up 11.4%) and in terms of assets under management, reaching the level of over 620 million Lei at the end of November 2016 (an increase of over 30%). If we look at what type of popular funds have been chosen,  we can see that during the year, investors’ attention was directed especially towards Lei and Euro bond funds .

The investment fund market in Romania has been growing steadily, in the past decade, a total of over 427,000 investors being recorded, which means an increase of over five times. Moreover, the assets under management in mutual funds reached a level of over 24 billion Lei, registering a spectacular increase of over 32 times, in the last ten years.

The investment amount per capita in Romania is around 445 Euro, much lower than in Hungary, where the amount is about 1,807 Euro / per capita or than in Poland of 1,553 Euro. The amount of 445 Euro / capita represents only 75% of an average wage in Romania, while in Hungary, the investment in funds per capita is over two average wages and in Poland is about 1.7 average wages.

Even if Romania had an accelerated development , statistical figures from Central and Eastern Europe show that Romanians still have a lot of catching up to do compared to citizens of other countries in the region in terms of saving, whether we are talking about bank deposits or investment funds.

“Statistics show that regular saving, on long term, is still  incipient in Romania, and if evolution will not follow the same sustained growth trend, the negative effects might show in future years in Romanians’ financial comfort. Over the past years, OTP Asset Management has taken on the role of active participant in the process of increasing financial literacy of Romanians, together with the Right to Education Foundation, launched by OTP Bank Romania in 2014 and with also together with other partners from the capital market, in order to raise awareness on the necessity of constant saving. I believe that the discipline of saving on long term, in a diversified portfolio, represents an optimal solution for increasing our financial comfort,” affirms Dan Popovici, CEO OTP Asset Management Romania.

OTP Asset Management specialists believe that in the current context, when the level of global uncertainty is increasing, a cautious approach is recommended regarding a diversified portfolio on different types of financial instruments and foreign currencies. „This approach is the most appropriate, because diversification is the main method of protection on the long term, in terms of expected yield higher than classical saving products,” adds Dan Popovici, CEO OTP Asset Management România.

A proof in this respect is the evolution of the OTP Global Mix fund, a  multi-asset fund, which has investments both in bonds and in shares and which recorded a 6.20% yield in the first 11 months of this yearYear on year, OTP Global Mix recorded a growth of 6.28%, with  a volatility much lower than equity funds . The fund has a global exposure, investing in companies (bonds and shares), whose services and products we use or encounter in our every day life. These include Apple, Alphabet (Google), Microsoft, Pfizer, Johnson & Johnson, Ahold (Mega Image), Daimler, Bayer, Whirlpool, Boeing, LVMH (Louis Vuitton, Hennessey, Moët), Citi Bank, etc. Also, the fund has exposure on a number of shares traded on the Bucharest Stock Exchange, including Banca Transilvania, BRD, OMW Petrom, etc.

Present on the local market since 2007, OTP Asset Management Romania SAI SA is among the largest asset managers in Romania, considering assets under management. The company manages a diverse range of investment funds, giving investors the opportunity to access investments in shares, through OTP AvantisRO, OTP Global Mix, OTP Premium Return and OTP Euro Premium Return, but also investments in T-bills and bonds through OTP Obligatiuni, OTP Euro Bond, OTP Dollar Bond and OTP ComodisRO. The company currently serves over 7.900 investors from retail and corporate segments, in eight investment funds.

OTP Bank Romania, subsidiary of OTP Bank, the largest independent banking group in Central and Eastern Europe, is an integrated and self-financed provider of financial services. With an approach defined by responsibility, commitment and professionalism, OTP Bank Romania is aware of its clients’ needs and the current market context and is a trusted partner in providing financial services.

The “Right to Education” Foundation, launched by OTP Bank Romania in 2014, it’s benefiting by the experience of more than 20 years the foundation “OTP Fáy András” from Hungary and offers free courses on financial education for young people aged between 10 and 18 years across the country. Since the launch of the foundation and to date, approximately 2.000 students from 41 partner schools located in 18 districts across the country have benefited the foundation courses.


For more information:

Stefan Urziceanu

PR and Communication Manager

OTP Bank Romania

Telephone: +4031 308 55 23; Fax: +4031 308 55 15
Email: stefan.urziceanu@otpbank.ro