By Andrei Skvarsky. Sberbank has hired Andrey Shemetov, previously deputy chief executive of Moscow Exchange, as head of global markets at the biggest Russian lender’s investment arm, Sberbank CIB. Continue Reading
By Andrei Skvarsky. Sberbank has hired Andrey Shemetov, previously deputy chief executive of Moscow Exchange, as head of global markets at the biggest Russian lender’s investment arm, Sberbank CIB. Continue Reading
By Andrei Skvarsky. Britain’s exit from the European Union means that in Poland GDP growth could slow by as much as one per cent in 2017 and 2018, a Bloomberg analyst has said, citing the Polish economic development minister. Continue Reading
“To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What’s needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework.” – Warren Buffett Continue Reading
By Andrei Skvarsky. O1 Properties, a Russian investment company owning and managing premium-class office space, is considering investing about $30m into the planned construction of about 200 apartments on the premises of a cultural and business complex in central Moscow. Continue Reading
By Andrei Skvarsky. Nearly 90 per cent of recent investments into Moscow’s economy has been private money, a deputy mayor announced last week. Continue Reading
By Andrei Skvarsky. Sberbank has hired Gerhard Randa, an ex-head of Bank Austria, as chief executive of Sberbank Europe AG, a Vienna-headquartered subsidiary of Russia’s biggest lender operating in Austria, Germany and eight Eastern European countries. Continue Reading
“The best time to plant a tree was 20 years ago. The second best time is now.” – Chinese Proverb Continue Reading
By Andrei Skvarsky. Surveys by a research subsidiary of Deutsche Boerse suggest that consumer sentiment in Russia dropped to a “record low” in May after edging up steadily for a few months. Continue Reading
By Andrei Skvarsky. BCS Global Markets, a key Russian securities broker, will officially launch business in North America within a couple of weeks after a current transaction in which it is buying out Alforma Capital Markets, a US subsidiary of Russia’s Alfa-Bank, is due to be completed. Continue Reading
By Carl T. Delfeld Vice Chairman, ASEAN Investment Council. This article has been kindly made available to EmergingMarkets.me by Thomas Hugger, CEO and Fund Manager of Asia Frontier Capital Wouldn’t it be great if you could create an ideal market to invest in out of thin air? Right off the bat you would want growth – lots… Continue Reading
By Ivan Stupachenko, Tranio.com real estate brokerage.* With so much money flying into overseas real estate markets, it begs the question: Who are these Chinese investors and why are they so eager to get their funds off the mainland? Continue Reading
By Andrei Skvarsky. Swiss private bank Lombard Odier has warned that a Brexit – Britain’s potential exit from the European Union through the June 23 referendum – may threaten London’s status as a global financial centre, thereby depriving Britain of one of its key assets. Continue Reading
Vietnam’s Tien Phong Bank (TPBank) thwarted an attempt in the final quarter of 2015 to rob it of more than 1m euros ($1.13m) via fraudulent messages through the SWIFT international transfers system, Reuters said, citing the lender. Continue Reading
By Andrei Skvarsky. Consumer sentiment surveys in Russia by a Deutsche Boerse subsidiary show a steady albeit very slow rise in optimism between February and April. Continue Reading
By Andrei Skvarsky. Surveys by an intelligence subsidiary of Deutsche Boerse suggest that Russia’s business community has been increasingly optimistic in February, March and April. Continue Reading
“Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well.” – Warren Buffett. AFC Funds Performance Summary World markets started weak this year with a big drop in January and February 2016, and most… Continue Reading
The planned 5th Annual Collateral Management Forum in Amsterdam on June 2-3 will take up a variety of issues, including numerous challenges presented to financial institutions by continual regulatory changes. Continue Reading
Banks such as Credit Suisse, Deutsche Bank, UBS and UniCredit and regulators including the European Central Bank and European Risk Management Council will be represented at this event, which will address one of the hottest topics in today’s banking. The vast number of subjects to be addressed at the 2nd Annual Credit Risk Management Forum include suggestions for new ways of managing credit risk and challenges presented… Continue Reading
Myanmar Apex Bank (MAB), one of the four private banks set up during Myanmar’s 2010 privatisation wave, has launched a system allowing remittances via mobile phone text messages. Continue Reading
By Andrei Skvarsky. A senior official in the China Securities Regulatory Commission has proposed that individuals should be allowed to open private retirement savings accounts in addition to the current system of centralised pension deductions. Continue Reading
LeEco, China’s Netflix-like provider of streaming movies, plans to establish a presence in Russia this summer and to initially invest a minimum of $100m into the Russian market, according to the East-West Digital News (EWDN) website and Russin business daily Kommersant. Continue Reading
By Andrei Skvarsky. A current Chinese government policy to stimulate real estate sales as a way to clear the country’s stocks of unused properties is likely to benefit developers and hence give a boost to construction, according to a subsidiary of the Euromoney Institutional Investor publishing group. Continue Reading
“The only way to stay consistently ahead of the game is to adopt a long-term view and, if appropriate, with a strong contrarian spin.” – Marc Mobius. AFC Funds Performance Summary This past month we have again received several accolades for the outstanding work of our team: Lipper’s Citywire has again listed AFC Asia… Continue Reading
By Andrei Skvarsky. Investment professionals from more than 20 countries were among the more than 1,900 participants in an annual conference in Moscow on April 12 that was hosted by Moscow Exchange and had key Russian ministers and the Russian central bank governor among its speakers. Continue Reading
A senior analyst at the FXPrimus global financial and commodities brokerage believes that the oil price, having risen by about 60 per cent since February, is likely to drop again but that in any case it will remain volatile in the foreseeable future. Continue Reading
By Andrei Skvarsky. Monthly surveys by Deutsche Boerse-owned research company MNI Indicators suggest that Russian companies were by and large doing better in March than in February and that overall business sentiment in Russia went up with optimists and pessimists making up roughly equal proportions of the country’s business community. Continue Reading
By Andrei Skvarsky. Bayut.com, a Dubai-based property portal, has said it organised an amateur football tournament for United Arab Emirates real estate companies which has proved to be a “great” networking opportunity for businesspeople as well as a sports event. Continue Reading
Join the Business Rocks Community – 2:4:1 Ticket Offer *Limited quantity Business Rocks is the global platform for tech innovation and is Manchester’s chance to cement its position as the UK’s second tech cluster and make some noise to the world. We’re bringing the European technology market to Manchester Central 21-22 April 48 hours of… Continue Reading
By Andrei Skvarsky. Lombard Odier, a Swiss private bank with a presence in Russia, does not see the latter’s economic troubles as a major crisis and believes that the country might be at the start of a path towards recovery. Continue Reading