By Andrei Skvarsky. In reporting the findings of a recent monthly poll, Deutsche Boerse’s research unit MNI Indicators makes what appears to be its bleakest assessment of the status of the average Russian consumer in about a year and half. Continue Reading
Lamudi: real estate business booming in many emerging markets
By Andrei Skvarsky. Global real estate company Lamudi says real estate business has been booming in many emerging and frontier markets. Continue Reading
Newsletter from Canrim Resources, a Singaporean company focused on mineral resources development in Mongolia
An encouraging month for Mongolia, November saw significant progress on the political front. After our letter to shareholders discussing the change of leadership, with Prime Minister Chimed Saikhanbileg replacing Mr. Norovyn Altankhuyag, a coalition between the incumbent Democratic Party (DP) and opposition Mongolia People’s Party (MPP) was formed. Further, on Friday, December 5th Prime Minister… Continue Reading
MasterCard launches initiative for poorer East Africans
By Andrei Skvarsky. MasterCard has launched a lab to develop cost-effective digital financial services for poorer population strata in East Africa. Continue Reading
Earnings of senior company execs going up worldwide – survey
By Andrei Skvarsky. The majority of senior company executives worldwide have had their total earnings go up in the last fiscal year, according to a survey by a global association of headhunting consultants. Continue Reading
Investors diversifying emerging markets strategies over slower growth – Economist
Slower growth in emerging markets is making investors abandon strategies that treat emerging markets as a single bloc, according to a research report from The Economist Group, publisher of The Economist weekly. Continue Reading
Russian govt releases its first recession forecast for 2015
By Andrei Skvarsky. Russia’s Economic Development Ministry for the first time released a recession forecast for 2015 on December 2, arguing that gross domestic product was likely to shrink by 0.8%. Continue Reading
Lamudi: Property markets in Asia, M. East, Africa, LatAm gaining momentum
By Andrei Skvarsky. Real estate business in many of the emerging and frontier markets in Asia, the Middle East, Africa and Latin America is on the ascent with demand pressing up and foreign capital pouring in, according to online global real estate company Lamudi. Continue Reading
Deutsche Boerse group analysts: sliding ruble keeps bedevilling Russian business
By Andrei Skvarsky. The latest of monthly surveys by Deutsche Boerse-owned intelligence firm MNI suggests that the overall sentiment in Russia’s business community has remained stable and predominantly negative since October but continued to be slowly eroded by the weakening ruble and Western sanctions. Continue Reading
Moody’s predicts stability for EMEA’s PFI/PPP sector
By Andrei Skvarsky. Moody’s predicts stability over the next 12 to 18 months for the Europe-Middle East-Africa (EMEA) region’s practice of project co-financing by private companies and government agencies. Continue Reading
Financial Risk Management, Moscow
A direct vacancy from www.russiansinthecity.eu KPMG’s market leading banking Financial Risk Management (FRM) practice in Moscow is looking to recruit experienced professionals to help us build on the growth momentum we are experiencing in this business. Continue Reading
C++ Developer, Bloomberg, London
A direct vacancy from www.russiansinthecity.eu Required qualifications: * In-depth knowledge and experience using C++ * Good knowledge of STL and object-oriented design patterns * Solid understanding of data structures and algorithms * Exposure to full software development cycle * Knowledge of multi-threading * Working knowledge of development tools such as debuggers, profilers, tracing utilities and source… Continue Reading
Junior Reconciliations Assistant, London
A direct vacancy from www.russiansinthecity.eu Working as part of the Finance team. To maintain reconciliation of technical ledger to bank statements & of Client accounts, in respective currencies. Working closing with the Back Office department to resolve any queries arising from the reconciliation process. To assist with daily reporting requirements which are core to the Finance department. Continue Reading
Legal Secretary Fluent Russian, London
A direct vacancy from www.russiansinthecity.eu Responsibilities: • Primary responsibilities will include, but are not limited to: • Document Production • Undertake all document production tasks to the highest standards and to agreed deadlines using appropriate software and all available resources. • Type from audio or manuscript using house style documents and non house style where required.… Continue Reading
Russian Speaking Advertising Sales Manager, London
A direct vacancy from www.russiansinthecity.eu Lifestyle Media Company is searching for a proactive, enthusiastic and target driven Russian Speaking Advertising Sales Manager to join our team. Continue Reading
Russian fund Target Ventures leads 20-million-euro round in international cruise booking portal Dreamlines
Source – East-West Digital News The Hamburg-based startup Dreamlines announced yesterday it secured 20 million euros in C Round financing from an international pool of investors led by Target Ventures. Continue Reading
OTKRITIE FC BANK RAISED RUB 21.4 BN OF EQUITY AS PART OF AN SPO
Otkritie FC Bank raised RUB 21.4 bn of equity as part of a follow-on public offering on the Moscow Stock Exchange. Continue Reading
Innovation by companies key as emerging countries strive to catch up with more developed economies
Source – Рreqveca.ru Innovation by companies is a powerful lever that can galvanise growth in emerging countries and help bring their economies in line with their more prosperous neighbours, according to a new report from the EBRD. Continue Reading
ADM Kazakhstan Capital Restructuring Fund in association with Invivo VDP LLP is launching modern medical functional diagnostic center in Almaty city
Source – Рreqveca.ru ADM Kazakhstan Capital Restructuring Fund (ADM KCRF), falling under group of funds with participation of Kazyna Capital Management JSC (Baiterek National Managing Holding), announces the launching a modern medical functional diagnostic center in Almaty city in association with Invivo VDP LLP. Continue Reading
International sales team admin support, London
A direct vacancy from www.russiansinthecity.eu London based representative office is looking for an admin person to support the work of the international sales team based in London, Moscow and Zurich. Functions will include office administration, diary management and booking of meetings client mailings and follow-up, translation of presentations. This person will also be responsible for customer… Continue Reading
East Capital’s chief economist explains ruble’s slide
The chief economist of East Capital, a Stockholm-based emerging and frontier market asset manager, argues there are five main reasons for the sharp depreciation of the Russian ruble over the last several months. Continue Reading
EU regulator suggests client-focused guidelines for retail banks
By Andrei Skvarsky. The European Banking Authority (EBA) has published draft retail banking guidelines aimed at ensuring that banks in European Union countries pay more attention to the interests of consumers in designing their products. Continue Reading
Moscow Exchange to outsource IT trading hardware to DataSpace-owned facility
By Andrei Skvarsky. Moscow Exchange is going to move its principal IT hardware – trading, clearing and depository equipment and client colocation units – to a colocation data centre in Moscow owned by the DataSpace company. Continue Reading
B2B software integrator Mirantis raises $100 million in record Series B round
Mirantis, a California-based systems integrator with teams in several countries including Russia and Ukraine, has closed a $100 million series B round with the participation of Insight Venture Partners and August Capital. They were joined by existing investors Intel Capital, WestSummit Capital, Ericsson, and Sapphire Ventures (formerly SAP Ventures). Continue Reading
Social alarm clock Wakie secured $1 million from Leta Capital and Titanium Investments
Leta Capital, the venture arm of Russian IT security solution provider Leta Group, and Titanium Investments, an international venture fund with Russian connections, have invested $1 million in Wakie, the developer of a social alarm clock. Continue Reading
Fixed Income Portfolio Manager – Investment Management Firm – London
Leading Investment Management Firm is looking for Fixed Income Portfolio Manager for their London office. Continue Reading
High-Yield Credit Analyst – Multi Strategy Hedge Fund – London
Leading multi-strategy investment management firm is seeking experienced High Yield Bond Analyst with at 3-5 years of Buy-side experience to be based in London office. Position requires at least 3 years of experience covering High Yield corporates credit. Continue Reading
Legal Secretary Fluent Russian, London
A direct vacancy from www.russiansinthecity.eu Primary responsibilities will include, but are not limited to: • Document Production • Undertake all document production tasks to the highest standards and to agreed deadlines using appropriate software and all available resources. • Type from audio or manuscript using house style documents and non house style where required. • Prepare… Continue Reading
Junior Reconciliations Assistant, London
A direct vacancy from www.russiansinthecity.eu Working as part of the Finance team. To maintain reconciliation of technical ledger to bank statements & of Client accounts, in respective currencies. Working closing with the Back Office department to resolve any queries arising from the reconciliation process. To assist with daily reporting requirements which are core to the Finance department. Continue Reading