Emerging Markets, Emerging Russia, Emerging Views
By Ivan Anderzhanov
Russia’s Aton Capital is to open offices in London and Almaty a year after the investment banking business was relaunched.
The Moscow-based equity brokerage is looking to expand further in the UK and Kazakhstan having already hired a 50-strong Moscow team , according to a report in Vedomosti.
Evgeny Yuriev, the president and founder of [...]
{ 0 comments }
By Marcus Williams
A $3.3 billion emerging markets fund run by Nevsky Capital managers Martin Taylor and Nick Barnes is to be wound down over the next 12 months after the pair decided to step down.
Nevsky Capital said yesterday Taylor and Barnes had given 12 months notice they would stop running the Nevsky hedge fund from [...]
{ 0 comments }
By Ivan Anderzhanov
Russian bank VTB has hired Aidar Kaliev as head of it venture capital arm.
Venture capital is one of the units within VTB’s asset management arm and has about 5.5 billion rubles under management.
Prior to VTB, Kaliev led the board of directors at Summa Telecom and also worked at Eventis Telecom.
Venture capital is one [...]
{ 0 comments }
By Ivan Anderzhanov
-
Pavel Teplukhin, the founder of Troika Dialog Asset Management, has been nominated as an independent director for the board of Russia’s state airline Aeroflot.
Teplukhin, who recently quit after 20 years at Russia, may be appointed on a June 19 meeting, according to RBC Daily.
His departure from Troika comes a year after the bank [...]
{ 0 comments }
By Marcus Williams
–
Russia’s Renaissance Capital has hired former Merrill Lynch banker Clifford Sacks to lead its South African operation as part of its bold expansion into emerging markets.
According to a report in today’s Financial Times, the Johannesburg business will focus on metals and mining, oil and gas, financial and telecoms.
Renaissance said the bank intends to [...]
{ 0 comments }
By Ivan Anderzhanov
Russia’s Renaissance Group has hired a former Blackrock star fund manager Plamen Monovski for its new investment arm in a bid to replicate the success of its investment bank.
The company said yesterday it had hired Monovski, formerly head of emerging markets at US fund giant Blackrock, as chief investment officer of the newly [...]
{ 0 comments }
By Ivan Anderzhanov
Bob Diamond, the chief executive of Britain’s Barclays Bank, is gearing up for expansion in Russia despite incurring a loss of 67 million pounds in the country last year.
The bank, which has announced a doubling of net profit in its 2009 to $14.71 billion, yesterday said Barclays is looking to increase its investment [...]
{ 0 comments }
By Marcus Williams
Chris Morrell, the manager of JP Morgan’s emerging alpha plus fund is to step down, is to part company with the US banking group.
Morrell, who joined from Merrill Lynch in 2006, will be replaced as manager of the fund by Ashraf el Ansary, who has served on JP Morgan’s emerging markets team since [...]
{ 0 comments }
By Marcus Williams
Former star gold fund manager Graham Birch has joined the board of miner Petropavlovsk as a non-executive director.
Birc, 49, recently retired as head of fund management group Blackrock’s natural resources team, where he was responsible for around $40bn of assets.
He managed Blackrock’s world mining trust and gold & general unit trust and was [...]
{ 1 comment }
By Ivan Anderzhanov
Stephen Jennings, the ‘Kiwi Oligarch’ who co-founded and ran Renaissance Capital, is retaking the chief executive job as the emerging markets investment bank expands further into far-flung frontiers.
Alexander Pertsovsky, who replaced Jennings as chief executive three years ago, has been switched to the position of president and first deputy chief executive, while the [...]
{ 0 comments }
By Ivan Anderzhanov
Russian fund manager Alfa Capital has recruited Kirill Kozyrkin from Binbank Asset Management as a portfolio manager for its investment team.
Kozyrkin will be responsible for portfolio management as well as the analysis and selection of shares and their credit risks, the firm said in a statement.
Kozyrkin joins Alfa from Binbank Asset Management where [...]
{ 0 comments }
By Ivan Anderzhanov in Moscow
State-controlled savings giant Sberbank is hiring 30 bankers for its new investment banking unit, according to a report in Vedomosti.
The division known as Sberbank Capital is currently focussing on restructuring “problematic’”assets and private equity but the group has plans to develop a fully-fledged investment business providing M&A advisory and syndicated loans [...]
{ 0 comments }
