Mark Mobius: We will follow the money to ensure foreign investors are treated with respect - financiare.ro
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News » January, 2011 » 17 January 2011

Mark Mobius: We will follow the money to ensure foreign investors are treated with respect
17.01.2011, 23:49 | Capital Markets | 736 views



Mark Mobius, executive chairman of Templeton Asset Management and one of the most influential people of the financial markets, asks for reassurance that the foreign investors who will invest in Fondul Proprietatea (Property Fund) will be treated "fairly and with respect" by the Romanian Government, stating his willingness to go to the International Monetary Fund and to the European Union to make sure this is the case.

Just one week ahead of the listing of Fondul Proprietatea on the Bucharest Stock Exchange, the Fund's managers want to ensure the rights of foreign investors will be respected by the Romanian Government, which is still a significant shareholder, with 39% of the Fund.

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