Wednesday 8 April 2015

Charlemagne teams up with Tehran group to offer Iran fund - FT.com

Charlemagne teams up with Tehran group to offer Iran fund - FT.com:



"UK investors are preparing to re-enter Iran as the prospective nuclear agreement between the west and Tehran, announced last week, begins to bear fruit.



On Tuesday, Charlemagne Capital, a UK asset manager focused on emerging markets, and Turquoise Partners, a Tehran-based investment group, announced plans to offer international investors exposure to Iranian equities in a deal that is likely to be one of many more over the coming weeks and months.



Dominic Bokor-Ingram, a portfolio adviser at Charlemagne, said: “I doubt you will be able to get a seat on a flight to Tehran in the next week or two as business people will be flocking to the Iranian capital. The nuclear deal will open the floodgates to international investment in Iran.”"



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