Iran’s London Charm Offensive Met With Wariness on Sanctions - Bloomberg:
"Investing in Iran is being held up by a lack of trust in market infrastructure and concern lingering sanctions will penalize western companies, money managers said at a conference in London.
While the lifting of most curbs after the country’s nuclear deal with world powers last year is luring some smaller investors, most are staying away from the market of 80 million consumers as they remain doubtful of Iran’s ability to protect their investments. To win back their trust, Tehran sent 50 policy makers and finance executives to meet their European counterparts at the first-ever Euromoney conference dedicated to the country.
“From the investor perspective, it’s the uncertainty,” Salman Ahmed, chief investment strategist at Lombard Odier Investment Managers, said at the conference on Thursday. “We have no influence on geopolitics. There are a lot of question marks right now.”
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