UDK 336.76(497.6)(045)

INVESTICIONI FONDOVI U BOSNI I HERCEGOVINI U
FUNKCIJI POVEĆANJA INVESTICIONOG POTENCIJALA

INVESTMENT FUNDS IN BOSNIA AND HERZEGOVINA AS A
FUNCTION OF INCREASING INVESTMENT POTENTIAL

Amer Omanović
Srednja tehnička škola grafičkih tehnologija, dizajna i multimedije
Ilidža,SARAJEVO
amer.omanovic@yahoo.com

Sažetak

U ovom radu razmatrati će se investicioni fondovi i njihov uticaj na rast investicionog potencijala. U Bosni i Hercegovini investicioni fondovi su u začeću razvoja, pogotovo se to misli na otvorene koji su se pojavili 2008 godine. Kao argumenti za investiranje u fondove navodi se njiha veza sa rastom privrede. Preko finansijskog sistema privredni subjekti dolaze do prijeko potrebnih novčanih sredstava potrebnih za poslovanje, investicije tj. dalji rast i razvoj. Ponuda dionica strateških preduzeća na berzi dovelo do rasta BDP, smanjenje nezaposlenosti i razvoja investicionih fondova. Kao mjera daljeg razvoja navodi se činjenica da Bosna i Hercegovina mora da
dosegne određeni stepen rasta BDP kako bi postala intersantno područje za osnivanje ne samo domaćih već i inostranih investicionih fondova. Investicioni fondovi mogu uticati na razvoj malih i srednjih preduzeća, kao njihovi osnivači, kao većinski ili manjinski vlasnik. Dugoročno finansiranje takvih preduzeća omogućuje ostvarivanje regionalnog i privrednog razvoja. Značaj investicionih fondova je posebno karakterističan za zemlje u razvoju koje imaju nedostatak finansijskih sredstava za efikasan razvoj. Za Bosnu i Hercegovinu su karakteristične visoke kamatne stope koje su posljedica rizika investiranja i slabog kreditnog rejtinga. Prema tome, u takvom okruženju investicioni fondovi su našli svoje mjesto u finansiranju daljeg razvoja.Generalno, fondovi podstiču razvoj privrede, a istovremeno vrše pritisak i na banke, predstavljajući dodatnu konkurenciju. Dok se krediti privredi smanjuju u recesijskim godinama. Ulaganje u otvoreni investicioni fond ujedno je i ulaganje u privedu i samim tim pomažemo i preduzećima koja su u nemogućnosti da dođu do skupih kredita banaka.

Ključne riječi: investicioni fond, Bosna i Hercegovina, investicioni potencijal, koncept poslovanja.

Abstract

This paper will discuss the investment funds and their impact on investment growth potential. In Bosnia and Herzegovina, investment funds are in the conception of development, especially the open ones that appeared in 2008. Arguments to invest in funds is explained through the ratio of their growth and that of the economy.Through the financial systems the economicic agents reach necessary financial funds needed to develop business, invest and pursue growth and development. The offer of shares of strategic companies on the stock market led to GDP growth, reduced unemployment and development of investment funds. As a measure of future development according to the fact that Bosnia and Herzegovina must reach a certain level of GDP growth to become interestingly area for the establishment of not only domestic but also foreign investment funds. Investment funds may affect the development of small and medium enterprises, as their founders, as majority or minority shareholder. Long-term financing of such enterprises facilitates
the implementation of. The importance of investment funds is particularly characteristic of developing countries that have a lack of financial resources for effective development. For BH high interest rates that result from risk investment and low credit rating are very characteristic of high interest rates that result from risk investment and low credit rating. Therefore, in this environment investment funds have found their place in the financing of further development. Generally, funds to encourage economic development, while
simultaneously putting pressure on banks, represent additional competition while the industry loans have decreased in the recession years. While the decrease in the loans industry recession years. Investing in open investment funds is at the same time an investment in industry which accordingly helps companies unable to obtain expensive bank loans.

Keywords: Investment Fund, Bosnia and Herzegovina, investment potential, the concept of operations.