VOL. XLV

No 27

8-July-2002

IRAN

Iran Launches InvestmentFund For Foreigners As It Prepares For Eurobond Issue

In an attempt to attract foreign investment to Iran, a new fund is being launched inthe coming weeks to allow foreigners to invest in the Tehran Stock Exchange(TSE). The EFG-Hermes Persepolis Fund, as it will beknown, will be managed by Atieh BaharConsulting of Iran and EFG-Hermes of Egypt and will target Iranianexpatriates, as well as Arab and European institutional investors, who have...