Former Delta's funds and Fima Novac change name to Ilirika

The investment funds that the investment fund management company Ilirika DZU has taken over from Delta and Fima will from now on operate under a new name in the Serbian market.

To be more precise, the investment fund Delta Plus will now operate under the name Ilirika Plus. Fima Novac has changed the name to Ilirika Kes, while Delta Dynamic is now called Ilirika Dynamic.

Investors in these funds retain the same rights they had before and, as far as they are concerned, nothing has changed in the management and the investment policy. Ilirika Gold and Ilirika Global will keep their original names, reads a release issued by Ilirika.

After successful acquisitions and the consolidation of funds, the share of Ilirika DZU in the Serbian market exceeds 22 percent. By managing five out of the total of 15 investment funds that currently operate in Serbia, Ilirika DZU ranks first in the amount of funds it manages (nearly EUR 2 million) and in the number of investment funds it operates.

Today Ilirika Group operates 25 investment funds in five countries, managing about EUR 150 million worth of investments, while Ilirika DZU in Serbia at this moment has the most complete offer for investments in investment funds that invest in domestic securities, domestic and foreign bonds, the most profitable foreign shares and precious metals, reads the release.

The total assets of all open-ended investment funds operating in Serbia amounted to about RSD 1.75 billion at the end of the last week.