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FSA chief forecasts collective investment schemes boom in mid-term
Almaty, April 16, 2008
Collective investments will boom in Kazakhstan in mid-term, opines CEO of the Financial Supervision Agency of Kazakhstan (FSA) Yelena Bakhmutova.
“There is a potential, the foundation has been created and management companies are active in this sphere. Therefore, these developments will take place although right now it is not a much friendly period,” she told a Tuesday press conference in Almaty.
According to Bakhmutova, today offers an opportune environment for exchange trade and in particular for access to the stock market in general.