The article discusses the evolution of investment funds in Romania, focusing on the impact of globalization on the financial market. It explores different types of investment funds, their advantages, risks, and costs, as well as the effects of the financial crisis on the industry. The financial crisis led investors to prefer lower-risk funds like diversified, bond, and monetary funds. The development of the investment funds industry in Romania faced challenges due to past events and lack of clear legislation. However, with the country's economic convergence with European standards, there is potential for growth in the market. Investment funds are favored by investors for their benefits such as access to diverse investments, professional management, and risk reduction through diversification.