Raiffeisen Asset Management announced on Thursday the establishment of two open investment funds - Raiffeisen Prosper and Raiffeisen Benefit. The first is focused 80% on stocks, while the second on bonds, according to a company press release.

Raiffaisen Prosper adresses clients who plan to invest on the capital markets of Romania and other countries, while Raiffaisen Benefit is focused on clients more interested in the current interest levels and opt for low-risk investments.

“RAM will undoubtedly have an important contribution to the development of the investment funds market in Romania.

Our arguments are based on the management expertise and the advantages of our belonging to a strong financial group present in Romania, operating on the banking and capital market through a diversified territorial network”, says James Stewart, vice-head of the Treasury and Capital Markets Division of Raiffeisen Bank, quoted in the release.