1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies

Baron Funds Comments on Financial Technologies Ltd.

November 26, 2013 | About:

Shares of Financial Technologies Ltd. (LSE:FTIA) detracted in the third quarter. As a creator and operator of financial exchanges and other related services, the company is a beneficiary of the growth in multi-asset exchanges and trading activity in emerging markets. The stock was adversely affected during the quarter by an unexpected regulatory change leading to a crisis of confidence and concerns of potential default at its commodity spot exchange, the NSEL. We sold the position due to the parent company's potential exposure to a default of one of its financial exchanges. (Anuj Aggarwal)

From Ron Baron's Baron Funds third quarter 2013 commentary.

Rating: 0.0/5 (0 votes)


Please leave your comment:

GuruFocus has detected 5 Warning Signs with Financial Technologies (India) Ltd $LSE:FTIA.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by

User Generated Screeners

cspunarSpunar Div
patelmhMY VALUE
rael2222prova dcf
gelayor65All Stocks Insider Buys
gelayor65All Stocks With Blackrock Shak
gelayor65All Stocks With Blackrock Insi
liuzishuoverwrite 'Dividend Initiation
liuzishuDividend Initiation
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat