Croatia open-end investment funds' assets rise 4.5% m/m at end-Sept

ZB Plus ranked first among the Croatian open-end investment funds with assets worth 2.6 billion kuna at the end of September, the Croatian Financial Services Supervision Agency, HANFA, said on its website.

The fund is managed by ZB Invest, a subsidiary of Zagrebacka Banka.

ZB Plus was followed by PBZ Novcani, managed by PBZ Invest, with assets of 1.3 billion kuna.

Twenty-two asset managers operate 127 open-end investment funds in the Adriatic country of 4.3 million people.

(1 euro=7.5593 Croatian kuna)