Globalisation redefined The 2009 Emerging Markets Summit September 17th-18th 2009, London

A rich, focused and interactive debate for senior executives and business leaders from around the world.  The expert speakers, including 5 prime ministers of the Republic of Tunisia, Turkey, Rwanda, Philippines and Thailand; ambassadors; and entrepreneurs; will provide, unique insights and will challenge your perspectives on the opportunities and issues affecting emerging markets. CEOs from major global and emerging companies are also confirmed. They include: AirAsia, Alstrom India, Augere, GE International, Goldman Sachs India, Morgan Stanley Asia, Petrofac, Petróleo Brasileiro, Rosneft, The Coca-Cola Company, Unilever, Wal-Mart and many more…
 FSC Bulgaria contacts will receive a 25% discount (£300 off the full delegate fee).
 Register online at www.emergingmarketssummit.com 
and quote “FSC” or call Krupa Patel on +44(0)20 7576 8118 to reserve your place.

Review of the non-banking financial sector for the first quarter of 2008

In July, the market review of the non-banking financial sector for the first quarter of 2008 has been published. According to summarized data, at the end of the first quarter of 2008, the number of collective investment schemes has reached 78, 67 of which are mutual funds, and 11 are investment companies. The special investment purpose joint stock companies have increased their number with 4 companies, 3 of which provide real estate securitization, and one specializes in securitization of receivables, with which the number of special investment purpose joint stock companies reaches 65.
There is growth on the market of services, offered by special investment purpose companies and insurance companies. The assets of special investment purpose joint stock companies amount to 1 426mln. BGN, up to 31.03.2008, with 3, 95% growth for the quarter. The premium revenue of the insurance companies, performing non-life insurance activities, goes beyond 360mln. BGN (18, 12% growth), while the revenue of the insurance companies, performing life insurance activities, amounts to 64 mln.BGN (19, 74% growth) at the end of the first quarter. There is some decrease of 1, 73% in the assets of the funds, managed by pension  insurance companies, which up to 31.03.2008, amount to 2 278 mln.BGN. There is a substantial  decrease of 24, 80% in the assets of the collective investment schemes – down to 685 mln.BGN.