Sunday, 24 January 2016

RPT-Specialist funds pick up Iran stocks ahead of warier big investors | Reuters

RPT-Specialist funds pick up Iran stocks ahead of warier big investors | Reuters:

"Two decades after he hauled a suitcase full of cash onto the floor of the Moscow stock exchange to buy up shares in the aftermath of communism, Dominic Bokor-Ingram has taken a similar early punt on Iran.

The Briton launched a joint venture fund with Iranian investment group Turquoise Partners on Sunday, just one day after the announcement most international sanctions on Iran would be lifted in return for restrictions on Tehran's nuclear programme.

He was not alone. Clemente Cappello, CEO of London-based Sturgeon Capital, bought the first stocks for his new Iran fund in December."



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