News » March, 2011 » 3 March 2011
World's biggest currency fund found 5m euros for Fondul Proprietatea
03.03.2011, 09:19 | Capital Markets | 1043 views
The world's largest money manager, BlackRock, with assets under management worth 3,500bn dollars (2,500bn euros), invested 5m euros on the Romanian stock market through an investment fund dedicated to frontier markets, being attracted by Fondul Proprietatea (Property Fund - FP). With 106m-euro assets, BlackRock Frontiers equity fund has an exposure of 5.1% of assets to the Romanian market, according to the monthly report issued by the manager. 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...
|
|
