Trust reduces losses to 37m euros

Over 37m euros are investment losses during these five months. But compared to the beginning of pandemic, this institution has marked growth in performance. Two days ago, this institution has had a return to investments worth 11m euros.

The announcement of valid paper auctions by the government has turned Trust investments into domestic. According to this institution, these investments have reached a record level of nearly 30 percent of total means under management.

In value, investments in Kosovo are currently around 600m euros, where the majority of investments are in letters worth the Government of Kosovo. Over the course of the year, investments in Kosovo are expected to still increase”, KTV reports.

It adds that retired contributors in 2020 will not be affected by the decline of financial markets. The institution has under management over 1.9 billion euros.

Florin Aliu, a finance expert, says Kosovo lacks the stock exchange, which, he says, would avoid the risk of the fluctuation of global financial markets.

The Trust, in 2019, had closed it with positive performance in investments. The return to investment was 161m euros.