1st foreign-managed ETF listed in Romania by Croatia's InterCapital Asset Management.

Croatia's InterCapital Asset Management, the largest independent asset manager with €500M AUM, lists the first foreign ETF on Bucharest Stock Exchange on May 29. The ETF replicates BET-TRN, the total net return version of the BET index, providing Romanian companies better access to liquidity and investors to invest in local firms. This marks the first foreign-managed ETF listed in Romania.