The paper deals with the issue of the main trends registered by the mutual funds industry during the last 5 years. First, we discuss the evolution of the mutual fund market and we identify that the recent economic contraction has imposed the reorientation of the investment funds and its...

One of the most pressing problems faced by micro, small and medium sized enterprises (henceforth SMEs) in Europe is the access to sufficient funds to sustain their long term growth. Romanian SMEs make no exception. In this context the present paper focuses on analyzing the extent to which...