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Browder to fight on despite moves to wind down his case

28 June 2011 News

By Marcus Williams. Bill Browder, the head of the Hermitage Capital, is to carry on fighting for justice in the Sergei Magnitsky …

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Sberbank launching DR trade today

27 June 2011 News

By Andrei Skvarsky. Sberbank has announced it is launching trade in its depositary receipts today. The biggest Russian lender’s Level 1 ADRs will …

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WEAFER COMMENT: Make or Break week

27 June 2011 News

By Chris Weafer, Chief Strategiest at ING. “I think the devil will not have damned, lest …

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Micex expects tax exemption law to fuel foreign capital influx

27 June 2011 News

By Andrei Skvarsky. Micex, Russia’s largest bourse, has said it expects an inflow of foreign capital into Russia as a result of a new …

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Hermitage promised help by Kremlin-friendly tycoon Prokhorov

27 June 2011 News

By Andrei Skvarsky. Britain’s Hermitage Capital hedge fund has received a pledge of help in its battles over the Magnitsky affair from billionaire Mikhail …

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UK Russia-focused fund makes hires in board shake-up

27 June 2011 Hires & Fires

By Andrei Skvarsky. Aurora Russia Limited, a British private equity fund for investment in Russia, has hired two independent non-executive directors in a board …

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RenCap says investing in autocracies means promoting democracy

24 June 2011 Views

By Andrei Skvarsky. Russian broker Renaissance Capital argues in a recent report that there is nothing wrong about investing in many of the undemocratic …

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Renaissance hires VTB banker to run option sales

23 June 2011 Hires & Fires

By Marcus Williams. Russian brokerage Renaissance Capital has hired Igor Chemolosov from VTB Capital as head of option sales for Russia. Chemolosov has …

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Russia’s Verno comes up with second fund

23 June 2011 Hires & Fires

By Andrei Skvarsky. Russian investment manager Verno Capital has launched a fund with $40m in commitments from institutional investors in the United States and …

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Fund set up to get Nordic money into Russia

23 June 2011 Hires & Fires

By Andrei Skvarsky. Finnish banker Ilkka Salonen, a veteran of Russian financial markets, has set up a fund for Nordic investors to buy shares …

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Otkritie beefs up fixed income team with 11 hires

22 June 2011 Hires & Fires

By Andrei Skvarsky. Russian brokerage Otkritie has boosted its international fixed income and strategy team with 11 hires. The team will be led …

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Renesas, Russia and rescue!

22 June 2011 Views

By Jim O’Neill, Chairman, Goldman Sachs Asset Management. I returned from yet another trip Saturday.  This time, I went to Tokyo, and came back …

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Barclays set to chalk up $500m loss on Russian retail sale

21 June 2011 Deals

By Andrei Skvarsky. Barclays is likely to sell its Russian retail subsidiary to Kazakh lender Kazkommertsbank in a deal that would leave the British …

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UBS hires Credit Suisse man to spearhead new strategy for Russia

20 June 2011 Hires & Fires

By Andrei Skvarsky. Swiss bank UBS has hired Antanas Petrosius from Credit Suisse as its head of investment banking for Russia and the CIS …

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