RCM - Raiffeisen Capital Management Company grew in 2010

Businessn.a. ♦ Published: April 23, 2011; 14:26 ♦ (Vindobona)

Despite the international debt crisis and the repeated fears of a recession, money flowed back into the investment company last year.

RCM - Raiffeisen Capital Management Company grew in 2010 / Picture: © Vindobona.org

The domestic investment company Raiffeisen Capital Management (RCM) recorded inflows again in 2010, after the outflows during the years of the financial crisis. Despite a "challenging" environment (Keyword: European debt crisis, double-dip fears for the Western world) Raiffeisen reports positive results for its investment fund division. RCM's fund volume increased by 9.2% to € 29.4bn…