Fondul Proprietatea Manager Had Losses Of RON10M Last Year Despite Collecting Revenues Of RON35M

08.08.2012 By Roxana Pricop

Franklin Templeton Investment Management, the Romanian branch of U.S. group Franklin Templeton, which manages the EUR3.5 billion assets of Romanian investment fund Fondul Proprietatea (FP.RO), posted net losses of 9.78 million lei (EUR2.1 million) in 2011, its first year of activity on the Romanian market, according to Finance Ministry data.

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Keywords:
FONDUL PROPRIETATEA
, FRANKLIN TEMPLETON