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Bulgaria
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Bulgaria Licenses Asset Manager Adamant Capital Management

Nov 25, 2009, 7:34:39 PMArticle by Georgi Stoyanov
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November 25 (SeeNews) - Bulgaria's financial regulator on Wednesday gave the green light to local company Adamant Capital Management to operate as an asset manager.

Bulgaria Licenses Asset Manager Adamant Capital Management

Adamant Capital Management will manage collective and closed-end investment schemes, the Financial Supervision Commission (FSC) said in a statement.

Adamant Capital Management is 100%-owned by Adamant Capital.

Adamant Capital also owns local investment intermediary Adamant Capital Partners.

There are 40 private local asset managers operating 100 funds registered in Bulgaria, FSC data showed.

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Bulgaria Economy Report Q4 2023
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