Romania is the heaven of devaluated energy assets 

Fondul Proprietatea is “the cheapest fund in the world”, said Mark Mobius, executive chairman of Templeton Emerging Markets Group, in a press conference in Bucharest, after the GSM on October 29. Poor liquidity keeps the assets of Fondul Proprietatea – 90% of them in the energy sector – dearly undervaluated. According to energynomics.ro Magazine's article, the situation forces the fund managers from Templeton Emerging Markets Group (TEMG) into unusual ...

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