News

Bulgaria's Karoll Capital Management will focus on the markets of Eastern Europe in 2007 due to the high yield achieved there last year and expectations for their growth in 2007.

Bulgaria's Karoll Capital Management will focus on the markets of Eastern Europe in 2007 due to the high yield achieved there last year and expectations for their growth in 2007.

The company successfully increased its capital by raising Euro 14.04 m which was paid for 21 969 329 new shares.

Advance Invest Mutual Fund, managed by Karoll Capital Management, saw off another successful year with an annual return of 31.17% (NAV/share change from BGN 1.8300 to 2.4005 in year 2006).

All of the rights of Advance Terrafund REIT, offered on the auction today, were sold in 12 deals at 0.01 BGN each.