About Fondul Proprietatea

Fondul Proprietatea is a joint stock company operating as a closed–end investment fund without a set lifetime, incorporated in Romania, trading on the Bucharest Stock Exchange since January 2011.

About the fund

About Franklin Templeton



Publication of the tender documentation
Fondul Proprietatea si EBRD hold corporate governance conference
Approval of the Public Tender Offer initiated by the Fund in view of carrying the fourth buy-back programme
New securities registration certificate

Mark Mobius' Blog

Focus on Fundamentals, Not Fears

Global equity markets have hit a rough patch recently, with volatility intensifying in September and October. Many investors have been concerned about issues including the prospect of rising interest rates in the United States, deflation in the eurozone, fears about the spread of the Ebola virus, ISIS in the Middle East, growth in the global economy in general, and growth in China in particular. There have been some other country-specific issues as well. In times like these, various pundits start calling for the sky to fall, exacerbating investors’ fears. However, I would remind investors that these periods of market volatility are not new or unexpected. It seems like a good time to examine the role of investor psychology in the markets. Evidence gathered in the field of behavioral finance suggests that many, if not most, investors often base their investment decisions on sentiment, fads and other psychological biases, and not on fundamentals. Investors, even professionals, often make flawed, irrational financial decisions.