News » March, 2011 » 28 March 2011
Templeton gets 4.3m euros for first three months of FP management
28.03.2011, 13:40 | Capital Markets | 1024 views
Franklin Templeton US group, the sole manager of Fondul Proprietatea (FP), collected 18.3m lei (4.3m euros) for the first three months of its mandate (September 29-December 29, 2010), shows the fund's annual report. During this period, the manager prepared the Fund's floatation, filed a suit against the Romanian state and made the first moves in the fund's portfolio, through BRD-SocGen stock purchases. Since September 29, 2010, FP and its assets worth around 3.8bn euros have been managed by Franklin Templeton US company through the Bucharest subsidiary. Read more on ZF.ro
|
Latest news in category Capital Markets
Romania must develop stronger and more liquid financial markets to support economic growth, World Bank experts said told a conference on capital markets, which was held in Bucharest. read more...
Retail investors submitted orders in value of 4.152 billion lei ( over 937 million euros) following Romgaz public offer, on this side the offer being oversubscribed by nearly 15 times over, representatives of some brokerage houses told. read more...
According to some market sources, businessman Alin Tatu yesterday sold his 5% stake in SIF1 Banat Crişana, in a trade on the "Deal" tier of the market, following a spectacular hike on the quotations of the market. read more...
|
|
