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. Last Updated: 07/27/2016

Fund for Central Europe

Securities house Credit Suisse First Boston will add to the flow of foreign funds that have made Central European bourses some of the best performers by launching a new investment fund for the region.

The fund, to be called the Central Europe Growth Fund, aims to raise $200 million and will invest in companies listed on the Prague, Warsaw and Budapest bourses.

Fund managers and analysts said Friday they were confident on the long-term prospects for these markets, given the outlook for buoyant economic growth in Central European states.