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Anda Todor, AmCham Romania
More attention needs to be paid to the qualitative approach, rather than quantitative»
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Billion-Euro fund hopes for foreign rush to local stock market

Bucharest’s stock exchange has been rocked by the arrival of a massive state-backed compensation fund, the price of which has dropped since its launch - but don’t panic! - this could still jump-start Romania’s stalled capital markets Report by Michael Bird and Cerasela Marin

April 2011 - From the Print Edition

2 Photos
This year the moribund Bucharest Stock Exchange (BSE) was shaken by the arrival of a new fund – the Fondul Proprietatea – which suddenly added 50 per cent to the value of the bourse.
Since its re-activation in 1995, the BSE’s main problem has been a lack of liquidity. Few strategic investors have chosen to pour their money into the exchange and it has instead become a market of speculators.
Romanian’s financial-watchers hope the arrival of the Fondul Proprietatea (Ownership Fund) will ...

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