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Sep 17, 2009 16:52 EEST
September 17 (SeeNews) - The assets managed by open-end investment funds in Croatia rose to 10.052 billion kuna ($2.0 billion/1.4 billion euro) at the end of August from 9.737 billion kuna a month earlier, data from the country's financial watchdog showed on Thursday.
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)
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