Company for management of investment funds "Jumbes" obtained work license

Securities Commission has issued a work license to the company for management of investment funds "Jubmes invest" in Belgrade.

According to web site http://www.sec.sr.gov.yu/, "Jubmes invest" is the 8th company for management of investment funds on Serbian market.

The first license given to a company for management of investment funds in Serbia was issued on December 29, 2006, and the first domestic fund started investing in March 2007. There are four investment funds founded in Serbia currently on the market - "Delta plus", "Fima ProActive", "Raiffeisen akcije" and "Focus premium".