{"id":6535,"date":"2007-09-13T00:00:00","date_gmt":"2007-09-13T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"aviva-to-buy-romanian-asset-manager","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2007\/aviva-to-buy-romanian-asset-manager.html","title":{"rendered":"Aviva to buy Romanian asset manager"},"content":{"rendered":"<p>Reuters- Aviva said on Wednesday it had agreed to buy Romanian asset management company Certinvest from its chief executive and a private U.S. firm, the Romanian-American Enterprise Fund (RAEF).<\/p>\n<p>  Aviva, which has signed a string of partnership deals and small acquisitions to extend its reach in Europe this year, did not disclose a price for the firm, but said Certinvest had gross assets of  1.1 million euros at the end of June.<\/p>\n<p>  Certinvest manages 24 million euros in four open-ended funds &#8212; an area of fast growth in Romania &#8212; and also offers individual investment accounts for high-net-worth clients.<\/p>\n<p>  &#8220;This acquisition confirms our clear ambitions for growth in Romania and more broadly in Central and Eastern Europe,&#8221; said Tidjane Thiam, chief executive officer of Aviva Europe.<\/p>\n<p>  <a href=\"http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~3\/155403119\/idUKNOA22992220070912\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters- Aviva said on Wednesday it had agreed to buy Romanian asset management company Certinvest from its chief executive and a private U.S. firm, the Romanian-American Enterprise Fund (RAEF). Aviva, which has signed a string of partnership deals and small [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-6535","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=6535"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6535\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=6535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=6535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=6535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}