Funds
Pečečnik aims to create region’s major asset manager
Elektronček, a company owned by one of the wealthiest Slovenians, has completed the acquisition of Primorski Skladi, an asset manager. The plan is to turn it into a leading asset manager in Central and Eastern Europe.
Norway’s sovereign wealth fund loses $164 bln in 2022
Norway's sovereign wealth fund, the world's largest, said yesterday it recorded a loss of 1,637 billion Norwegian kroner ($164 billion) in 2022, citing volatile markets.
Investors eye hundreds of hotel projects
More than 250 hotel and tourism investment projects around the country are being matched up with investors who want to contribute to their realization.
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Greek businesses out of the ESG loop
Investor interest in more responsible investments and skepticism towards controversial securities is a growing global trend and one that Greece is having trouble keeping up with.
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REICs go it alone on property developments
New property developments have been on the rise in recent months, as investors and developers make targeted investments to cover the gap created in the last decade of market idleness.
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Panagiotakis approves entry of strategic investor in PPC
The Public Power Corporation's (PPC) President and CEO Manolis Panagiotakis today told the embattled company's Annual Shareholders' Meeting today that the two options that lie ahead if the hugely indebted company is to stand on its feet are either to maintain the Greek state's position as majority stakeholder with a radical restructuring of the framework of operation and the state's role or to
High-tech Companies Can Receive BGN 1.5 to 7 Million
High-tech companies can get between BGN 1.5 and 7 million thanks to a contract signed between the Fund of funds manager and the Venture Capital Fund.
Norway’s oil fund invests over $700 million in Turkish companies
Norway's oil fund, the world's largest sovereign wealth fund, invested around $111 million for a share interest in eight Turkish energy companies as of the end of 2018, according to official figures from Norway's Norges Bank Investment Management.
Business groups urge Trump, Erdoğan to meet as dispute hits investments
U.S.-Turkey business groups have warned that a political dispute between the NATO allies was affecting investor confidence and had forced some firms to suspend investment plans.
US roadshow lags in interest
Far from enthusiastic, investment funds have been reserved about the prospects of Greek stocks and the country's post-bailout period at the annual Greek Investment Roadshow, which ends on Friday in the US. The tone had already been set by Tuesday and Wednesday, both important days for the seventh installment of the event.
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