Romania: STK Emergent to Enter BSE in '07
Publish date: 29-01-2007STK Emergent registered a return of 22.6% last year, from the moment of its launching at the end of April 2006.
The net assets reached RON 27.1 Mn (almost EUR 8 Mn) at the end of 2006, compared with RON 13.5 Mn (EUR 3.7 Mn) when it was established.
STK Financial president Nicolae Pascu said that the fund could be listed by the end of the year on the Bucharest Stock Exchange.
The company's major objective is to reach a net asset value of RON 50 Mn.
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