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Bulgarian Mutual Funds Form Up Association.

Europe Intelligence Wire

| December 01, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From PARI Daily)

Byline: Violeta IVANOVA and Anna BRANDIYSKA

ALL THE EIGHT mutual funds operating in Bulgaria set up Association of the Mutual Funds yesterday. The aim of the new organisation is to inform about and promote the activities of mutual funds in the society, as well as to co-operate with the regulatory bodies, including as far as draft laws and regulations are concerned.

Stoyan Toshev, CEO of TBI Asset Management was appointed chairman of the association. The other eight mutual funds have one representative each in the ...

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