law on alternative investment funds

Serbia’s investment fund industry sees growth with new legal amendments and expanded investor access

Marko Janković, the President of the Securities Commission, stated that investment funds have become the fastest-growing segment of Serbia's financial market in recent years, managing €1.5 billion, with €100 million under the management of alternative investment funds. With the recent amendments to the Law on Alternative Investment Funds, which were passed by the National Assembly, the minimum investment amount for closed alternative funds has been reduced from €50,000 to €10,000, a change that Janković believes will lead to an increase…