fund
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Mutual fund investors swallow bitter pill
Mutual funds investing on the Bucharest Stock Exchange have experienced their worst period of the last six years, going from profits of 12% to declines that even exceeded 15% in some cases....
QVT Fund continua sa cumpere actiuni Flamingo
Fondul de investitii american QVT Fund a cumparat ieri peste 0,72 milioane de actiuni Flamingo, in valoare de 71.000 de euro. QVT Fund a fost principalul cumparator de actiuni Flamingo in ul...
Societe Generale has 100m euros for investment fund
Societe Generale Asset Management Alternative Investments (SGAM AI), the alternative capital management division of the French bank group Groupe Societe Generale (SocGen), collected 100 mill...
Gemisa fund raises another 9m euros
Gemisa Investments, a venture capital fund, is considering increasing its value from six million euros to 15 million euros in order to back the investments it has made and to raise money for...
Malaxa and Ausnit heirs claim $400m in Property Fund shares
The heirs of Nicolae Malaxa and Max Ausnit, two of the biggest industrialists of interwar Romania are claiming damages for the fortunes seized by the communist regime, in the form of shares...
Guarantee Fund has 150m euros available permanently
The bank deposit Guarantee Fund (FGBD) has signed the agreements for stand-by lines of credit with commercial banks in the system, thanks to which it can attract funding of up to 150 million...
Property Fund demands 1bn-euro guarantees
Management companies, which will take part in the tender to take over the Property Fund (Fondul Proprietatea), might have to offer guarantees worth at least one billion euros to be able to e...
Alpha Bank wants to fund municipalities
Alpha Bank Romania will start to fund medium-sized municipalities this year, says Radu Ghetea (photo), vice-chairman of the bank. In order to sustain this project, the bank contracted a spec...
STK Financial launches fund on BSE
The investment management company STK Financial, based in Cluj-Napoca, has launched its first private investment fund, which will be listed on the Bucharest Stock Exchange. The fund, called...