economy

January 21, 2026

Nova ekonomija: SNS investicioni fond „eksplodirao“

Otvoreni alternativni investicioni fondovi u Srbiji značajno su uvećali imovinu prošle godine. Četiri najveća AIF-a su na početku 2025. vredela skoro 133,2 miliona evra, a 31. decembra 230 miliona. Od ovih fondova najviše je porastao Vista Rica Invest, koji nije povezan ni sa jednom bankom, već sa – vladajućom strankom.

Nova ekonomija: SNS investicioni fond „eksplodirao“

TL;DR

  • Open alternative investment funds in Serbia significantly increased their assets last year, with the top four growing from approximately 133.2 million euros to 230 million euros.
  • The growth is driven by investment returns and new capital contributions from investors.
  • Vista Rica Invest, a fund reportedly linked to the ruling party, experienced over 100% growth, outperforming bank-affiliated funds.
  • Individuals associated with the ruling party and prominent businessmen have reportedly invested in Vista Rica funds.
  • Tax incentives, such as a 50% tax credit on annual income tax, are a major driver for investments in these funds.
  • The introduction of these funds was supported by international advisors aiming to diversify Serbia's capital market beyond a bank-centric model.

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