19104
Int’l Investors Rush to Iran’s Fast Emerging Market
Economy, Business And Markets

Int’l Investors Rush to Iran’s Fast Emerging Market

In view of the massive potential lying ahead of the Iranian industries after the removal of sanctions and the fact that Iran is one of the world’s biggest untapped markets enjoying a diverse range of industries listed at its equity market, international fund managers have been visiting the country in a bid to prepare a sound ground for the post-sanctions era, hoping to be the first to enter the lucrative emerging market.  The recent visit by top European investors was just one example, indicating the tremendous investment opportunities in Iran. A delegation of 10 fund managers from top investment companies in the United Kingdom, Switzerland, France and Russia paid a three-day visit to Iran with the aim of identifying leading Iranian industries. The trip was co-organized by the Swiss-based ACL Asset Management Company and leading emerging and frontier markets investment bank Renaissance Capital. The visiting fund managers committed to invest €300 million in Iranian companies with the highest market cap whenever the US-led sanctions against Iran are lifted. No commitment was made by ACL Asset Management Company, Renaissance Capital or any of their clients. Petrochemical, steel, auto, healthcare and consumer-related industries are among the largest sectors in Iran’s equity market.

Short URL : http://goo.gl/GsqlgP

You can also read ...

Calls for Changing Forex Policy
As Iran is dealing with the ramifications of the government's...
French Business Chief in Iran Sees Bleak European Prospects
The head of France’s business lobby in Iran said on Friday EU...
Maersk Tankers Ends Iran Shipping
Danish shipping group Maersk Tankers on Thursday said it would...
S. Korea Discusses Contingency Plans on Iran Sanctions
The South Korean government held an inter-agency meeting on...
BMI: US Deal Pullout to Have Limited Impact on Mining Industry
The reimposition of US sanctions on Iran will only have a...
The reduction of the available volumes of semi-finished steel from Iran is expected to influence billet and slab prices  in the global market, pushing them upward.
Iranian steelmakers and customers in major outlet regions such...
Global insurers are reviewing the effects of US pullout from the Iran deal.
Global insurers are taking stock of how the US withdrawal from...
Citroen Presells 2,000 C3s in Iran Debut
Through a joint venture with Iranian carmaker SAIPA, French...

Trending

Googleplus