YEREVAN, May 13. /ARKA/. In the first quarter of 2021 the global economy recorded a positive recovery after the 2020 crisis. The incentive policies of governments and central banks, as well as the use of highly effective coronavirus vaccines, have had a positive impact, primarily, on overseas stock markets.
Prices for many fund shares, including those of Amundi-ACBA Asset Management’s pension funds, showed record growth. Some prices even showed double digit rise.
As reported by the press service of Acba bank, as of the end of March 2021, the assets of pension funds managed by Amundi-ACBA Asset Management exceeded AMD 204 billion, about 68% of which were invested in Armenia. Compared to the beginning of the year, the size of the company’s assets increased by 16 billion drams.
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Amundi-ACBA Asset Management is supervised by the Central Bank of Armenia ($1 – 523.1 drams). -0-
