Proprietatea Fund secondary listing, still scheduled for H1 2012

The target for the secondary listing of Proprietatea Fund remains set for the first half of 2012, but the approval from the National Securities Commission (CNVM) is necessary, which has a normal 'reluctance' towards it, executive vice-president and portfolio manager of Franklin Templeton Investment Management Limited UK, Bucharest branch Grzegorz Konieczny told a press conference. 'We have taken several steps regarding the secondary public listing of the Fund, but we need CNVM to ...

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