11.22.2013

The shareholders of Romanian investment fund Fondul Proprietatea (FP.RO) on Friday approved a request from U.S. hedging fund Elliott Associates to reduce the length of the fund manager’s mandate by more

11.22.2013

Romanian investment fund Fondul Proprietatea (FP.RO) estimates the state will collect between 700 million and 900 million lei (157-202 million euro) from a tax on special buildings applicable next more

11.22.2013

U.S. Franklin Templeton, the administrator of Romanian investment fund Fondul Proprietatea (FP.RO), has renounced the idea of cross-listing the fund in Warsaw and is looking for another stock market, more

11.18.2013

U.S. hedging fund Elliot Associates sold 1% of its holding in Romanian investment fund Fondul Proprietatea (FP.RO) via a buyback program the local fund has launched in Bucharest. more

11.13.2013

A stake of 0.81% in Romanian dominant oil company OMV Petrom (SNP.RO) is being sold on the Bucharest Stock Exchange by an unnamed investor, market sources said Tuesday. more

11.13.2013

The Bucharest stock market declined in early trade Wednesday, dragged down by OMV Petrom’s (SNP.RO) shares, but Romgaz (SNG.RO) was slightly higher in its second trading session. more

11.07.2013

A 0.84% stake in Romanian investment fund Fondul Proprietatea (FP.RO) was traded on the Bucharest bourse in a special deal Thursday for 93.9 million lei (EUR21.2 million). more

10.30.2013

Foreign institutional investors continued to buy stakes in Fondul Proprietatea (FP.RO) in October and raised their holding by 0.43 percentage points, to 57.5%. more

10.22.2013

Romanian investment fund Fondul Proprietatea (FP.RO) expects its net profit to reach 556 million lei (EUR125 million) in 2014, up 10% from the result estimated for this year. more

10.18.2013

Romanian investment fund Fondul Proprietatea’s (FP.RO) offer to repurchase 4.35% of its own shares was oversubscribed two and a half times as of Friday, just four days into the offer. more

10.18.2013

Romanian investment fund Fondul Proprietatea’s (FP.RO) has extended by one week until November 14 the subscription period of its share buyback offer for a 4.35% stake, the fund’s administrator more

10.16.2013

Romanian investment fund Fondul Proprietatea’s (FP.RO) offer to repurchase 4.35% of its own shares was oversubscribed on the second day of issue Wednesday. more

10.14.2013

Romanian investment fund Fondul Proprietatea (FP.RO) registered profit of 535.2 million lei (EUR121.4 million) in the first nine months of 2013, down about 7% from RON574.5 million in the similar more

10.10.2013

Romania’s Financial Supervisory Authority, or ASF, Thursday authorized investment fund Fondul Proprietatea (FP.RO) to accelerate a buyback program of 4.35% of its own shares. more

10.02.2013

Romanian investment fund Fondul Proprietatea (FP.RO) has hired lender BRD Groupe-Societe Generale to provide custody and depository services for its assets, the fund’s manager Franklin Templeton more

10.01.2013

Morgan Stanley, the largest bank by assets in the United States, has increased its stake in Romanian investment fund Fondul Proprietatea (FP.RO) to over 5% and has become the second largest more

09.27.2013

The Bucharest stock market was slightly up in early trade Friday, dragged by investment fund Fondul Proprietatea (FP.RO), which reached a fresh all-time high. more

09.26.2013

Franklin Templeton Investment Management, sole manager of Romanian investment fund Fondul Proprietatea (FP.RO), on Thursday recommended lowering the fund’s share capital by 676.9 million lei more

09.26.2013

Romanian investment fund Fondul Proprietatea (FP.RO) continued to gain strongly Thursday morning, after yesterday’s announcement of share buyback program, lifting along the other stocks traded in more

09.26.2013

Fondul Proprietatea’s plan to launch a public tender offer to buy back 600 million or 4.35% of its own shares could be the last chance for Franklin Templeton, the fund’s manager, to keep its more

09.25.2013

Romanian investment fund Fondul Proprietatea (FP.RO) will launch a public tender offer for 4.35% of its own shares in a move to accelerate a buyback program initiated in April last year, the fund’s more

09.13.2013

Romanian investment fund Fondul Proprietatea (FP.RO) Friday said its net assets inched up 1% in August, to 15.184 billion lei (EUR3.38 billion), but it posted loss of RON5.6 million. more

09.12.2013

Investment fund Fondul Proprietatea (FP.RO) Thursday said it will participate in increasing the share capital of Romanian state-run nuclear power producer Nuclearelectrica if the initial public more

09.11.2013

Romanian investment fund Fondul Proprietatea (FP.RO) plans to sell a stake of up to 10% of oil pipeline operator Conpet Ploiesti (COTE.RO) shares, the fund said in a notice to its shareholders more

09.06.2013

Foreign investors’ holdings in Romanian investment fund Fondul Proprietatea (FP.RO) increased by 0.39 percentage points to 56.9% in August, the fund said Friday. more