4 ian 2012

Mutual fund managers expect 2012 to be a much better year for the Bucharest Stock Exchange than 2011, predicting a moderate growth of 15% for the BET index and of 30% for BET-FI. However, they more

21 dec 2011

The mutual fund administrators are preparing to end the year with 1 billion lei (about EUR230 million) in new funds and with over 11,500 new investors, a performance achieved during extremely more

30 nov 2011

Deputies once again put off discussing the raising of the SIF holding cap in Tuesday’s plenary session of the Chamber of Deputies. The news was received with great disappointment by investors, whose more

25 nov 2011

Capitalism isn’t working because governments are saving greedy banks at the expense of taxpayers, says Mark Mobius, executive chairman of Templeton Asset Management. more

27 oct 2011

Eastern European countries need to encourage local banks, and where there aren’t any, they may have to build them from scratch, in order to have an alternative to the financing offered by foreign more

24 oct 2011

American company Franklin Templeton, manager of the EUR3.6 billion assets of regional investment fund Fondul Proprietatea (FP.RO), is asking shareholders to allow it to decide on its own on selling more

18 oct 2011

Romania has become more resilient to a shock coming from the euro zone than in 2008, when the collapse of Lehman Brothers and the onset of the crisis threw the local economy into recession. more

15 oct 2011

Two investment funds managed by Certinvest are the closed-end funds with the highest performance and yields of more than 15% over the past year. more

6 oct 2011

Dorina Danielescu, a former chief-prosecutor with DIICOT (Directorate for the Investigation of Organized Crime and Terrorism), is the new president of the National Property Restitution Authority more

4 oct 2011

The privately managed mandatory pension funds (pillar II) experienced for the first time the anxiety of extensive stock market corrections, watching declines of over 20% in Bucharest, Warsaw, Athens more

3 oct 2011

Betting on stock in the first three months of the year, when the Bucharest bourse climbed 15%, and a shift to bonds starting April, close to the debt crisis onset, was the strategy that brought OTP more

30 sep 2011

Investors will be able to bet on gold prices and take home the metal starting October, when the first physically delivered gold futures contracts begin trading. more

29 sep 2011

After the first year as manager of investment fund Fondul Proprietatea (FP.RO), Franklin Templeton can drink only half the champagne glass: the fund is listed, but the share price is below more

28 sep 2011

Diversified fund Audas Piscator, one of the smallest on the market, is the top performer among mutual funds with a 14% return in euros over the past month. The strategy behind the solid performance more

27 sep 2011

Valentin Ionescu, the general manager of the Bucharest Stock Exchange (BVB), the main bourse operator on the Romanian capital market, is still hoping the government will put 15% in Transelectrica more

26 sep 2011

Franklin Templeton, the manager of the EUR3.6 billion assets of Fondul Proprietatea (FP.RO), expects the next general meeting of shareholders (AGA) to take place in November. more

20 sep 2011

The shareholders of the five regional investment funds (SIF) say they are disappointed with the price offered by Austrian group Erste to take over 24.12% in BCR. They have yet to decide how they will more

9 sep 2011

The five regional investment funds (SIFs) are increasingly pressured by the approaching deadline to decide on the fate of the 30.1% stake in Romania’s largest bank, BCR. The SIFs met with Erste more

9 sep 2011

The last 827 million shares the Romanian Government still holds in investment fund Fondul Proprietatea (FP.RO) will be used up for compensations to former owners in two months at most. more

8 sep 2011

Steven Ausnit, the son of interwar period industrialist Max Ausnit and a major private investor in Fondul Proprietatea (FP.RO), asked the government to add new assets to the fund’s share capital, so more

5 sep 2011

Once the Romanian state uses up the stake it has left in Fondul Proprietatea (FP.RO) on compensations, which is expected to happen by yearend, the influence of the Fund’s manager, U.S. group more

29 aug 2011

As the date agreed for the floatation of Banca Comerciala Romana (BCR), the largest domestic bank, is drawing near, the row among the regional investment funds (SIFs) is getting fiercer. more

19 aug 2011

Fund managers have divergent opinions on the trend the Bucharest Stock Exchange will follow until yearend. more

18 aug 2011

Securities regulator CNVM sent a letter to regional investment fund SIF Banat-Crisana (SIF1.RO) saying the suspension of voting rights for several investment funds, which wanted higher dividends, was more

17 aug 2011

The OTP Garantis closed-end fund, managed by OTP Asset Management, the first investment fund in Romania to have guaranteed the initially placed equity, has protected investors against plummeting more