Emerging Markets, Emerging Russia, Emerging Views
By Andrei Skvarsky
Russian recruitment firm Antal has hired Karl Franzmann, a former director of recruitment at Renaissance Capital, the Moscow-based emerging markets bank.
Franzmann, whose tenure at Renaissance Capital coincided with the bank’s initial rapid expansion into sub-Saharan Africa and other developing markets, has over ten years of experience in executive recruitment and executive search. More [...]
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By Andrei Skvarsky
Euro/dollar and euro/rouble foreign exchange futures contracts launched on the derivatives market of Russian stock exchange RTS were the world’s most liquid financial derivatives to take effect in 2009, RTS said on March 9, citing a leading specialist global magazine.
A 2009 ranking list compiled by Futures and Options World (FOW), a magazine on [...]
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By Ivan Anderzhanov
Russia’s state-controlled Sberbank is bidding for a 20.85% stake in Garanti Bank, Turkey’s largest bank, along with six other possible contenders.
Sberbank is making a bid for a $3.7bn stake being sold by General Electric as part of its strategy of expanding overseas, according to a Reuters report today.
The state-savings bank has previously earmarked [...]
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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 [...]
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By Mushtak Parker | Arab News
Adalet Djabiev is the “comeback kid” of Russian Islamic financial services. He is also part of the new generation of Russian bankers that have mushroomed in the post Soviet Union era and is passionate about giving the country’s 20 million plus Muslims access to Islamic financial services and products, which [...]
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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 [...]
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Russia’s Pharos Financial has won the best hedge fund manager at the 4th annual Terrapin awards in Dubai earlier this week.
These awards are hosted by Terrapinn as part of their annual Hedge Funds World Middle East Conference. The award was given to the best hedge fund manager based on historical track record, downside protection, 2009 [...]
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By Marcus Williams
The RTS in Moscow has connected to British Telecom’s Radianz platform enabling the stock exchange to offer traders, banks, brokerage around access to “high velocity trading.”
The market data partnership between RTS and BT Radianz ensures immediate and secure access to trading on RTS and RTS market data for international investors. This will allow [...]
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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 [...]
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By Rustam Botashev, Equity Analyst at UniCredit Securities
VTB Group has placed $1.25bn in 5-year Eurobonds with a 6.465% coupon, Bloomberg reports. Meanwhile both Alfa Bank and Bank of Moscow have launched roadshows aiming to sell their own Eurobonds.
Our view: Falling country risk and an improving economy have attracted credit investors back to Russia. We believe [...]
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By Ivan Anderzhanov
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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 [...]
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By Mark Robinson Head of Equity Research at UniCredit Securities
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Russian funds and ETFs saw cumulative net inflows of $214.5mn in the week to 24 February, EPFR data shows.
In contrast to the previous week, when ETFs drove the net positive, this time traditional funds brought in the majority of new cash ($198m vs. $16.5m).
Global emerging markets [...]
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