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N. Macedonia
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Fortenova sells agri unit to Podravka for 333 mln euro
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Fortis Energy buys 180 MW solar project in Serbia
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World Bank approves 599 mln euro loan to Romania
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Assets of investment funds in N. Macedonia up 21.75% y/y in 2023

Feb 8, 2024, 2:53:54 PMArticle by Dragana Petrushevska
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February 8 (SeeNews) - The assets managed by the investment funds operating in North Macedonia grew by an annual 21.75% to 13.5 billion denars ($235.7 million/219.3 million euro) in 2023, the country's Securities and Exchange Commission (SEC) said.

Assets of investment funds in N. Macedonia up 21.75% y/y in 2023
Photo by Towfiqu barbhuiya on Unsplash

The assets managed by North Macedonia-based investment funds were 9.65% higher at the end of December compared to the previous quarter, the SEC said in a quarterly report last week.

There were five investment fund management companies operating a total of 22 investment funds in North Macedonia as of the end of 2023, unchanged from the end of September.

(1 euro = 61.57 denars)

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