BRD primește undă verde să cumpere administratorul celui mai mare ETF din România

BRD has received approval from ASF to acquire Patria Asset Management, enhancing its position in the investment fund market. This transaction will allow BRD Asset Management to integrate Patria and expand its ETF offerings. Patria Bank previously signed a contract to sell its 99.9944% stake in Patria Asset Management. The total assets managed by Patria reached 1.16 billion lei, with significant growth driven by its ETFs. BRD Asset Management is the largest open-end fund manager in Romania, managing 9.9 billion lei in assets.