Croatian Open-end Investment Funds' Assets Rise 3.2% M/M at End-August

ZB Plus ranked first among open-end investment funds in Croatia with assets worth 2.057 billion kuna at the end of August. The fund is managed by ZB Invest, a subsidiary of Zagrebacka Banka, Croatia's biggest commercial bank in terms of assets.

ZB Plus was followed by two other ZB Invest-managed funds, ZB Global with 715 million kuna in assets, and ZB Aktiv with 493 million kuna.

Twenty-eight asset managers operate 130 open-end investment funds in the Adriatic country of 4.4 million people.

(1 euro=7.2948 Croatian kuna)