June 6 (SeeNews) - Croatia's Erste Asset Management, part of Austria's Erste Bank group, said it launched a new fund with public offering, Erste Horizont 2025, for investments in government bonds of EU member states.
It is an undertaking for collective investment in transferable securities (UCITS) fund with maturity on November 11, 2025, and it is available for subscription to all investors from June 1 to June 28 this year, the fund manager said in a statement.
“After several years of low or even negative yields, the yields of the European state issuers have returned to levels not seen since the financial crisis,” Erste Asset Management said.