News Feature

ETFs 'to attract investors to Croatia'

29 August 2008

Investors are set to continue being attracted to Croatia due to Exchange Traded Funds (ETF), it is claimed.

According Jakov Kozina, portfolio manager at financial services group Fima, the country will gain more assets from ETFs as its capital market becomes "more transparent", reports emportal.co.yu.

He suggests this should help reverse the trend of foreign buyers looking to other countries for newer, riskier markets in the hope of generating higher yields.

Mr Kozina adds that "initially such funds attract large hedge funds, pension funds and other professional risk-takers with longer investment horizons".

Meanwhile, Egyptian property developer West Side Village has recommended British property investors look to buy in countries outside the eurozone like Croatia.

Stephen Smith, sales and marketing director at the organisation, explained the pound will go further in these areas, leading to better value for money.

He also suggested investors will be able to maximise rents by purchasing "quality investment properties in good locations".

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