
“London-based money managers including Charlemagne Capital Ltd. and First Frontier Capital Ltd. are putting together sanctions-compliant funds to allow investors to buy Iranian equities ahead of the buzz that they expect a final agreement would generate. While there’s the possibility, of course, that the preliminary pact Iran carved out with global powers doesn’t lead to a full-fledged deal, the money managers are in essence saying they’d rather run the risk of arriving too early than miss a rally in Tehran’s $110 billion equity market. Even amid the standoff, the gauge jumped 300 percent in dollar terms in the five years through 2013.”
Related posts:
House Extends Surveillance Law, Rejecting New Privacy Safeguards
Russia warns UK against arming Syrian rebels
US aimed to nuke civilian populations in enemy cities during Cold War
Journalist Barrett Brown fights media gag order in Stratfor hacking trial
A Texan tragedy: Plenty of oil, but no water
Georgia prepares to execute mentally disabled prisoner under secrecy law
Adam Kokesh Interviewed from Jail: "I'll Run For President To Abolish The U.S. Government"
Vitamins That Cost Pennies a Day Seen Delaying Dementia
Repo Market Decline Raises Alarm as New Regulations Strain Debt
British company with $1.2 billion Obamacare contract accused of fraud
U.S. presidential election already fueled by $377 million
Comcast unveils 2-gigabit fiber internet service for $300/mo
Kuwait police use stun grenades against protest
Francois Hollande lurches Right in historic U-Turn to save French economy
CIA Director John Brennan Confirmed as Reporter Michael Hastings Next Target