Central and Eastern Europe Fund Inc T.CEE

Primary Symbol: CEE

The Central and Eastern Europe Fund, Inc. (the fund) is a non-diversified, closed-end management investment company. The Fund seeks long-term capital appreciation through investment in equity or equity-linked securities of issuers domiciled in Central and Eastern Europe. Under normal circumstances, the Fund invests at least 80% of its net assets (plus borrowings used for investment purposes) in securities of issuers domiciled in Central and Eastern Europe. The Fund invests in various sectors, such as banks; diversified telecommunication services; electric utilities; food and staples retailing; metals and mining; oil, gas, and consumable fuels; wireless telecommunication services; insurance; media; airlines, chemicals, and pharmaceuticals; entertainment; interactive media and services, information technology (IT) services; insurance, and textiles, apparel, beverages, and luxury goods. DWS International GmbH is the investment advisor of the Fund.

NYSE:CEE - Post by User

Central and Eastern Europe Fund Inc

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Post by whocares8on Feb 13, 2009 10:30am

696 Views

Post# 15776875

Institutional Interest

Not sure if anyone noticed this, but over the last 2 weeks in Feb a very very succeful hedge fund has been accumulating this thing to an 11% interest just disclosed today on the London exchange. This same firm Paulson and Co. has ex U.S treasury as managers, including Alan Greenspan on the BOD.

Im sure you can make your own judgement from this.

Cheers!

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