- 7 May 2015 9:00 AM
The reduction in Templeton’s holdings was expected, he said, adding that it was not in Templeton’s interest to “dump” the holdings on the market.
Barcza noted that Templeton had earned a 30% return on the Hungarian securities it bought in 2012, when yields were at 7-9%.
The investor booked a loss on its Ukrainian portfolio at the same time, he added.
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