Raiffeisen INVEST BiH

What Raiffeisen INVEST BiH does

Raiffeisen INVEST d.d. is a Bosnia and Herzegovina-based asset management company (Društvo za upravljanje fondovima) headquartered in Sarajevo, wholly owned by Raiffeisen BANK d.d. BiH, which is itself a subsidiary of the Austrian Raiffeisen Bank International group. Founded in 2012, the company manages four open-ended investment funds with public offering: Raiffeisen CASH (a conservative money market fund), Raiffeisen BALANCE ESG (a mixed-asset fund with ESG integration), Raiffeisen EURO BOND (a euro-denominated bond fund), and Raiffeisen BOND 2026 (a limited-duration bond fund with a 20 December 2026 maturity targeting an 8% return). All fund assets are held with depositary bank UniCredit Bank dd Mostar, and the company is regulated by the Securities Commission of FBiH.

The company generates revenue exclusively through annual management fees charged on total fund assets, ranging from 0.50% (BOND 2026) to 2.50% (BALANCE ESG), with no entry fees and fund-specific exit fee structures. Distribution is anchored in the Raiffeisen Bank branch network across the Federation of BiH, supplemented by the Raiffeisen Mobile Banking app, an online application portal, and an Investment Savings Plan (minimum 25 BAM per month via standing order). Additional features include a public yield calculator tool and a partnership product ('Moj kapital') with Vienna Insurance VIG that wraps the BALANCE ESG fund into a unit-linked life insurance wrapper — described as the only such offering in BiH.

The business serves retail investors across the Federation of BiH, segmented by risk profile from conservative (CASH) to growth-oriented (BALANCE ESG) to target-date (BOND 2026). The operation is small (11 employees), cash-generative (dividends declared as of 2026), and operates entirely within the regulatory perimeter of the FBiH Securities Commission. Geographic reach is restricted to FBiH, although fund portfolios may invest in instruments across BiH, EU member states, and non-EU countries. The competitive position rests on the Raiffeisen brand, the captive bank distribution channel, intra-group cross-selling within the Raiffeisen Group in BiH, and regulated standing rather than on technology differentiation or proprietary analytical capability.

Name

Raiffeisen INVEST BiH

Legal name

Raiffeisen Invest Društvo za upravljanje fondovima d.d.

Website

https://raiffeiseninvest.ba

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Raiffeisen INVEST d.d. is a Sarajevo-based fund management company wholly owned by Raiffeisen BANK d.d. BiH (Raiffeisen Bank International group), managing four open-ended public investment funds distributed via the Raiffeisen Bank branch network to retail investors across the Federation of Bosnia and Herzegovina.

Ownership category

akta.pro rank

Product category

Investment Fund Management

NAICS

Portfolio Management and Investment Advice (52394), Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro industry

PRIMARYFSAAAEAD

Balanced & Allocation (Multi-Asset) Funds

Financial & Insurance/Asset & Wealth Management/Asset Management — Mutual Funds & UCITS

SECONDARYFSAAAEAC

Money Market Funds

Financial & Insurance/Asset & Wealth Management/Asset Management — Mutual Funds & UCITS

Keywords

• Investment fund management
• Asset management services
• Money market funds
• Bond fund investing
• ESG balanced funds

Headquarters

HQ city

Sarajevo

HQ country

Bosnia & Herzegovina

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Management Fees: Raiffeisen INVEST generates revenue through annual management fees charged on total fund assets: Raiffeisen CASH at 1.00%, Raiffeisen EURO BOND at 1.50%, Raiffeisen BALANCE ESG at 2.50%, and Raiffeisen BOND 2026 at 0.50% of total fund assets annually.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Raiffeisen INVEST d.d. is a Bosnia and Herzegovina-based fund management company (Društvo za upravljanje fondovima) that manages four open-ended investment funds with public offering: Raiffeisen CASH (money market fund), Raiffeisen EURO BOND (EUR-denominated bond fund), Raiffeisen BALANCE ESG (mixed equities/bonds fund with ESG principles), and Raiffeisen BOND 2026 (target-maturity bond fund). Fund shares are distributed through the Raiffeisen BANK branch network across the Federation of BiH, via the Raiffeisen Mobile Banking application, and through an online application portal.

Product overview

Raiffeisen INVEST d.d. is a Bosnia and Herzegovina-based asset management company ( Društvo za upravljanje fondovima) and a member of the Raiffeisen Group, offering a portfolio of four distinct open-ended public investment funds managed through Raiffeisen Bank's sales network. The core product lineup consists of four funds: Raiffeisen CASH (a conservative money market fund focused on short-term instruments), Raiffeisen EURO BOND (a bond fund targeting euro-denominated debt securities), Raiffeisen BALANCE ESG (a mixed/balanced fund investing in equities and bonds with ESG integration), and Raiffeisen BOND 2026 (a limited-duration bond fund maturing on 20 December 2026). Supporting features include an Investment Savings Plan for systematic monthly contributions, a Yield Calculator for return projections, and a partnership product with Vienna Insurance VIG (Moj kapital) that wraps the Raiffeisen BALANCE ESG fund into a life insurance structure. All fund shares are purchasable through Raiffeisen Bank branches, via Raiffeisen Mobilno Bankarstvo (mobile banking), and through an online application process, with settlement handled by depositary bank UniCredit Bank dd Mostar.

Differentiator

Problem solved

Functional benefit

Products and services

• Raiffeisen CASH A conservative money market fund that invests no less than 60% of net assets in financial instruments with maturity not exceeding one year (treasury bills, bank deposits). Targets stable, continuous returns with high daily liquidity and capital preservation for retail investors prioritizing security and liquidity over yield. Minimum initial investment: 100 BAM; annual management fee: 1.00%; no entry or exit fees.
• Raiffeisen EURO BOND A bond fund that primarily invests in debt securities denominated in euros, aiming to achieve higher returns than medium-term euro-denominated bank deposits. Targets moderate returns over the medium term with manageable interest-rate and credit risk. Minimum initial investment: 100 BAM; annual management fee: 1.50%; no entry fee; exit fee 0.50% if held under 6 months.
• Raiffeisen BALANCE ESG A mixed/balanced fund that invests in both equities and bonds of foreign issuers, with no single asset class exceeding 60% of net assets. Applies ESG principles in portfolio construction and targets high long-term returns for investors willing to accept higher risk. Minimum initial investment: 100 BAM; annual management fee: 2.50%; tiered exit fees waived after 2 years for investment-plan contributions.
• Raiffeisen BOND 2026 A limited-duration bond fund with a fixed maturity date of 20 December 2026, targeting a minimum return of 8% to maturity (approximately 3% average annual return). Designed for investors willing to hold to maturity and accept moderate risk in exchange for a defined investment horizon. Minimum initial investment: 5,000 BAM; annual management fee: 0.50%; 3.00% exit fee on withdrawals during fund period (waived within 7 working days before maturity).
• Investicijski štedni plan (Investment Savings Plan) A systematic investment savings plan that enables clients to make equal monthly contributions via standing order into any Raiffeisen INVEST fund. Minimum monthly contribution of 25.00 BAM, no entry costs, with flexibility to pause or stop contributions at any time. Designed for long-term wealth accumulation through disciplined periodic investing.
• Moj kapital (My Capital) - Unit-Linked Life Insurance A unit-linked life insurance product offered in partnership with Vienna Insurance VIG, providing the opportunity for additional returns through investment in the Raiffeisen BALANCE ESG fund within a life insurance wrapper. Described as the only life insurance product in BiH offering such investment fund integration.

Quantifiable outcome

• Redemption processed within 3 business days for Raiffeisen CASH, 5 business days for Raiffeisen EURO BOND, and 7 business days for Raiffeisen BALANCE ESG and Raiffeisen BOND 2026.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered minor and core.

• Vienna osiguranje (Vienna Insurance)minorStrategic or Co-development PartnerPartnership for 'Moj kapital' (My Capital) product - a life insurance product in BiH that offers the possibility of additional returns through investment in Raiffeisen BALANCE ESG fund. This is the only life insurance product in BiH offering such investment fund integration.
• UniCredit Bank dd MostarcoreOthersFunctions as the depositary bank for all Raiffeisen INVEST funds. All fund assets are held and managed through UniCredit Bank dd Mostar, ensuring regulatory compliance and asset custody.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• ASA Asset Management d.o.o. Sarajevo: Bosnian fund management company (DUF) running open-ended investment funds for retail and institutional clients, regulated by the Sarajevo Securities Commission. The most direct comparable in BiH: same UCITS-equivalent product set, same FBiH distribution focus, and a former Managing Director of ASA Asset Management (Eldina Dizdarević) now runs Raiffeisen INVEST.
• Raiffeisen CAPITAL (Bosnia and Herzegovina): Capital markets and brokerage arm of Raiffeisen BANK BiH, operating alongside Raiffeisen INVEST within the same Raiffeisen Group BiH platform and offering brokerage and asset-management-adjacent services to the same client base via the same bank branches.

Broad incumbents

• Erste Asset Management GmbH: Austria-headquartered asset manager that manages retail and institutional UCITS funds across Erste Group's CEE bank network, directly mirroring Raiffeisen INVEST's parent-bank-distribution model but at vastly greater scale and product breadth.
• NN Investment Partners (now Goldman Sachs Asset Management): Former ING Investment Management, a major European retail and institutional UCITS manager with deep CEE distribution via NN Group partnerships; competes with bank-affiliated managers like Raiffeisen INVEST in regional balanced and fixed-income categories.
• Generali Investments (CEE): European asset manager offering UCITS funds distributed through Generali's insurance and banking partnerships across CEE; comparable to Raiffeisen INVEST through the Vienna Insurance/VIG partnership channel targeting cross-sell into life-insurance wrappers.

Regional players

• OTP Fund Management (OTP Ingatlan Alapkezelő / OTP Alapkezelő): Hungarian asset manager distributing UCITS-style open-ended funds across OTP Bank's CEE branch network, including Bosnia and neighboring markets. Same bank-affiliated retail-fund playbook and similar target-maturity and balanced product structures.
• Addiko Invest / bank-affiliated CEE fund managers: Bank-affiliated investment-fund vehicles operating in CEE markets similar in scale and business model to Raiffeisen INVEST: small retail mutual fund ranges distributed through a regional bank network, competing for the same pool of CEE retail savings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@raiffeiseninvestbih
• Facebookfacebook.com/Raiffeisen-INVEST-BiH-106263765696710
• LinkedInlinkedin.com/company/raiffeisen-invest-bih
• Instagraminstagram.com/raiffeiseninvest.bih

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Raiffeisen INVEST BiH