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30 companies interested in management at Proprietatea Fund

Joi, 18 mai 2006, 0:00

No less than 30 companies have shown interest in taking over the Fund Manager position at the Proprietatea Fund, aimed at providing stocks as compensation for people whose properties were confiscated by the Communist regime. The Proprietatea Fund deadline for the submission of offers expired on May 15.

The companies showing interest in the position are PIMCO Europe Ltd, Richmond Asset Management, Clariden Bank, UBS AG, Julius Baer Investment Management LLC, Strategic Invesment Group, East Capital, Goldman Sachs, Euclid Infotech Pvt Ltd (EIPL), HBSC, Union Bancaire Privee, Erste Sparinvest, Wellington, Gustavia, JP Morgan, ABN Amro, Merrill Lynch, Alliance Bernstein, Cheyne

Capital, Credit Suisse, Ashmore Group Limited, Depfa Bank, Capital Invest, NCH Advisors Inc.- Wilmington, Julius Meinl Investment, 3TS Capital Partners, Societe Generale Asset Management, BNP Paribas, EPIC - European Privatization & Investment Corporation si Deutsche Asset Management

The company to be chosen for the management of the fund will start talks on the strategy due to be adopted by the British company Cordea Savills which won an April biding to select a strategic consultant.

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