Croatia's Open-end Investment Funds' End-July Assets Fall 2.71% M/M

ZB Plus ranked first among open-end investment funds in Croatia with assets worth 2.137 billion kuna at the end of July. 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 703 million kuna in assets, and ZB Aktiv with 479 million kuna.

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

(1 euro=7.3256 Croatian kuna)