Erste Asset Management reported more than €807.7m of assets under management in Croatia at the end of March. Its portfolio includes €609.8m in UCITS funds, €117m in alternative funds and €87.2m in individual portfolios. The majority of assets are related to the Erste Adriatic Bond fund, which is valued at €376.9m. “I see this year as a positive one as far as the industry funds are concerned, primarily because of the improvement of the investment climate, and I believe that for both citizens and institutional clients, Croatia will be quite a good choice for investment this year,” said Josip Glavas, chairman of Erste’s management board.
