期刊名称：Ovidius University Annals: Economic Sciences Series
电子版ISSN：2393-3127
出版年度：2012
卷号：12
期号：2
语种：English
出版社：Ovidius University Press
摘要：Romanian mutual funds industry managed to maintain an increasing trend despite of the dramatically consequences that the current financial crisis had on our weakened capital market. Mutual funds’ managers have resorted to fundamental adjustments of portfolios’ structures considering the investors’ decreased risk tolerance. The negative evolution of the stock market and the investors’ reduced risk tolerance proved to be simulative factors for the proliferation of money market and bond funds. The purpose of this paper is to analyze recent evolutions of Romanian mutual funds industry and to assess their risk-adjusted performance.
