CEE-Initiative: Strengthening Investment Fund Business in Central- and Eastern Europe (CEE)

Markets ♦ Published: June 16, 2014; 12:00 ♦ (Vindobona)

The Hungarian association BAMOSZ and the Austrian association VÖIG initiated a closer collaboration and tighter co-operation between fund associations in CEE, the so-called „CEE Initiative“. The member associations of the „CEE Initiative“ are (in alphabetical order): Austria, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Poland, Romania, Slovakia, Slovenia and Ukraine.

CEE-Initiative: Strengthening Investment Fund Business in CEE / Picture: © Vereinigung Österreichischer Investmentgesellschaften (VÖIG)

All other CEE countries have no developed investment fund markets.

It is typical for most of the investment fund markets in the CEE region that they are rather small in size but have been developing impressively over the last years. In particular those countries, that are members of the European Union, are engaged in increasing harmonization of investment fund law in the…