Senior Editor
Roxana Pricop
- Fields
- Capital Market, Banks-Insurance, Companies
- Writing for ZF since
- 2011
- Articles
- 53
Fund Managers Have Different Expectations Regarding Stock Market
Fund managers have divergent opinions on the trend the Bucharest Stock Exchange will follow until yearend.
CNVM Warns SIF Banat-Crisana Over Alleged Breach Of Shareholder Rights
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 divid...
First Fund “Secured Against Losses”, Beaten By Banking Interest
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 plumme...
Bucharest Stock Exchange Crashes 8%
The Bucharest Stock Exchange on Monday recorded the largest decline in Europe, with listed companies losing EUR1 billion of their value in one day. President Traian Basescu and BNR (National...
SIF Shareholders Push Ahead With Request For BCR Listing
On Thursday, on the initiative of Ioan Cuzman, president of SIF Banat-Crisana, the management teams of the five regional investment funds (SIF) met the group of shareholders owning 5% in the...
SIFs Prepare EUR1 Bln Exit From BCR
Austria’s Erste Group Bank (EBS.RO), majority shareholder of Banca Comerciala Romana, or BCR, could pay EUR1 billion for the remaining 30.1% in the bank, which is in the hands of the five re...
Fondul Proprietatea Runs Out Of Money For Share Buybacks
Fondul Proprietatea (FP.RO), managed by Franklin Templeton, has almost used up the money earmarked for the share buyback program, but its share price has not increased.
Share Investment Funds Lose During Vacation What They Strove To Earn During The Year
Funds that invest in stocks have visibly reduced their yields, with Star Next fund registering the highest return at 8% for the first seven months of the year, amid fears over the sovereign...
Mutual Funds And Romanians' Favorite Investments
Most Romanians who have left their fortunes in the hands of mutual fund managers prefer investments in shares and bonds, but gold is gaining more ground amid fears over the sovereign debt cr...
Romanians Keep Kilos Of Gold In Swiss Banks
Certinvest, the largest independent asset manager providing personalized services, bought more than ten kilos of gold worth an estimated EUR350,000 for some of its clients looking for an inv...
Fondul Proprietatea Willing To Help With Future Bourse Privatizations
Greg Konieczny, manager of the EUR4 billion assets of Fondul Proprietatea, says Petrom’s offering had a “disappointing” result because it was not well structured. The fund’s official offered...
First X-Ray Of The Largest State-Run Companies
The publishing by Fondul Proprietatea of state-controlled companies’ reports reveals a rise in salary costs and in the number of employees. The ten largest state-owned companies in the energ...