Moscow Seed Fund, the venture arm of the Moscow city authorities, has announced its latest competition to recruit investors for joint seed and pre-seed stage investment in their projects. The fund is looking for individual investors and companies, both Russian and foreign. Continue Reading
Almaz Capital leads $4 million funding round in US e-commerce solution provider
Content Analytics, an analytics platform that recommends e-commerce catalog optimization strategies, announced it secured a $4 million Series A funding led by Almaz Capital. Geoffrey Baehr, a general partner at Almaz Capital, has joined the startup’s board of directors. Continue Reading
Russian speaking Senior Legal Counsel, UK
A direct vacancy from www.russiansinthecity.eu An opportunity has arisen in our Partnership Head Office for a Russian speaking Senior Legal Counsel to work in-house at our office in St Albans, Hertfordshire in the international, dynamic and rapidly growing team with excellent career prospects. Continue Reading
Back Office Administrator, London
A direct vacancy from www.russiansinthecity.eu Working as part of the Back Office team to process the deposits and withdrawals of clients’ funds from their trading accounts, as well as handling calls and emails from Alpari (UK) Ltd clients regarding the funding of their accounts, whilst working closely with other departments, namely Finance, Client Services, Trading Desk… Continue Reading
Finance Controller, Moscow
A direct vacancy from www.russiansinthecity.eu An investment management company (www.fusionam.com) with offices in Moscow and London is looking for a finance controller for a group of 5 companies. The role is suitable for a 2-5 years experienced financial controller capable of consolidating finance function in one set of hands, produce management accounts and coordinate the… Continue Reading
Deutsche Boerse think tank: Russian consumers slightly more upbeat in September
By Andrei Skvarsky. Deutsche Boerse’s research subsidiary MNI says consumer sentiment in Russia was slightly more upbeat in September than the month before but that Russians were more worried about the job market and rising prices than in August. Continue Reading
Sberbank: consumer confidence of Russian middle class edges down
By Andrei Skvarsky. The latest of a series of quarterly surveys commissioned by Sberbank, Russia’s biggest lender, shows consumer confidence among middle-class Russians to have edged down since June. Continue Reading
ASIA FRONTIER CAPITAL – Country Snapshot – Laos
Although one of the few remaining one-party communist states, the Laotian government’s attempts to decentralize control of the economy and encourage private enterprise starting in 1986 have resulted in an annual growth rate of 6% from 1988-2008. Laos’ economy has maintained consistently high GDP rates through 2012 due to strong growth among its main trading… Continue Reading
Russian venture market continues annual decline in Q2 2014 as cross-border investment could virtually disappear
Venture investment volumes in Russia fell by 9% year-on-year (y-o-y) as the number of completed deals increased by 32% in Q2 2014, says Rye, Man and Gor Securities (RMG), an independent Moscow-based investment company, in their latest quarterly report published with the participation of East-West Digital News. Continue Reading
Runa Capital leads $2.2 million round in US school admission startup
Runa Capital, a venture firm operating globally from its offices in Moscow and San Francisco, has led a $2.2 million funding round in SchoolMint, a leading provider of mobile and online enrollment systems for US public, charter and private schools. Continue Reading
Newsletter from Canrim Resources, a Singaporean company focused on mineral resources development in Mongolia
September was filled with positives for both Mongolia and Canrim. The economy continued to show signs of improvement and Canrim took full advantage of this to conduct high level meetings with several multinational mining and exploration companies, in addition to meeting with relevant Mongolian officials. Continue Reading
Russia to go ahead with setting up own card payment system – Putin
By Andrei Skvarsky. President Vladimir Putin confirmed last week that Russia plans to set up its own card payment system next year to prevent potential further anti-Russian sanctions from causing Russians problems with the use of Visa or MasterCard. Continue Reading
Client Services Representative, London
A direct vacancy from www.russiansinthecity.eu Working as part of the Client Services team to handle incoming and outgoing calls and emails from Alpari (UK) clients regarding various aspects of their accounts whilst working closely with other departments, namely IT, Back Office, Trading and Compliance. Continue Reading
Receptionist, London
A direct vacancy from www.russiansinthecity.eu To operate Alpari’s head offices Reception along with its facilities & switchboard. To handle Travel queries & to support the Premises team. Continue Reading
Trade Support Administrator – Night Shift, London
A direct vacancy from www.russiansinthecity.eu Alpari (UK) is looking to recruit a talented individual to join their Trade Support team. The individual will be expected to offer support to the Trading desk with daily operations and reconciliations, whilst working closely with other departments, namely Client Services, Trading, Back Office and IT. This is an exciting… Continue Reading
Putin: state to keep financing Russian Direct Investment Fund
By Andrei Skvarsky. The Russian Direct Investment Fund (RDIF), a state-backed institution with the mission of supporting Russia’s private equity sector by co-investing with foreign companies, will continue to receive money from the state so it can achieve its capitalisation target of $10bn, President Vladimir Putin promised last week. Continue Reading
Membership Assistant, flexible / remote work, London
A direct vacancy from www.russiansinthecity.eu Russians in the City is looking for an administrative assistant to help us with the launch of the membership as well as later liasing with the members Continue Reading
Paralegal to QC, London
A direct vacancy from www.russiansinthecity.eu 6-month maternity cover working in a commercial chambers for a busy commercial QC. This role will suit someone at the beginning of their legal career. A legal qualification from a civil or common law jurisdiction is required. The successful candidate will, ideally, have gained some marketing experience in any sector. Knowledge… Continue Reading
EXCLUSIVE: Ranjeet Sundher, president of Mongolia-focused minerals exploration company Canrim Resources Pte Ltd., talks in this interview with EmergingMarkets.me about doing business in the former communist country
Ranjeet Sundher is the president of Canrim Resources Pte Ltd., a private Singaporean minerals exploration company focused on resource development in Mongolia. Mr. Sundher has over 13 years of successful investment experience in Mongolia where he has created impressive shareholder returns. While his first Mongolian venture, started in 2001, generated a return of 20x, his… Continue Reading
IronFX authorised by FCA to deal in all types of financial instruments
By Andrei Skvarsky. IronFX Global, a global trader in foreign exchange, futures, shares, contracts for difference, commodities and spot metals, has received an enhanced licence from the British Financial Conduct Authority (FCA) authorising the company to act as principal and agent in investment, hold client funds, and deal in all types of financial instruments. Continue Reading
Russia’s Promsvyazbank hypes role of small businesses via photo project
By Andrei Skvarsky. Promsvyazbank, one of Russia’s largest private banks, has carried through an online project to popularise the role in the country of small- and medium-sized enterprises (SMEs) by posting photos and brief descriptions of successful businesses and pictures of their founders and managers. Continue Reading
Junior Front-End Developer, London
A direct vacancy from www.russiansinthecity.eu Ecommerce team is looking for a new addition – a Junior Front-End Developer. We want you to bring your education, experience and new ideas to help drive our business growth. Unlike most client businesses, we have our own ‘in-house design shop’ producing all our online work. Continue Reading
Trading Systems Engineer, London
A direct vacancy from www.russiansinthecity.eu This is a senior support engineer role responsible for supporting all trading systems globally and implementing global changes with a fastpaced Product Development team. You will be responsible for proactive and reactive support, working within defined SLAs, systems automation, creation of system configuration reports and system documentation, Continue Reading
Legal secretary / PA, Moscow
A direct vacancy from www.russiansinthecity.eu International law firm is looking for a legal secretary/PA for its Moscow office. Full time. Experience of working as a legal secretary/PA in an international environment and excellent English language skills are a must. Please send CV to presidium@russiansinthecity.eu Continue Reading
Finance Assistant at a subsidiary of a major oil company, London
A direct vacancy from www.russiansinthecity.eu A subsidiary of a major oil company is seeking a Finance Assistant, reporting to the Finance Manager. Continue Reading
Kudrin: Russian economy needs big reforms but govt cannot deliver
By Andrei Skvarsky. Russia’s economic model is a bigger obstacle to the country’s economic growth than the Ukraine-related sanctions but the government is incapable of fundamental reforms, Reuters cited former Russian finance minister Alexei Kudrin as arguing. Continue Reading
Abraaj to pay scholarships to Royal College of Art students
By Andrei Skvarsky. The Abraaj Group, a global private equity firm focusing on emerging and frontier markets, will yearly pay scholarships for the next five years to five Royal College of Art students from Africa, Turkey, the Middle East, Asia and Latin America as part of a joint project with the London-based postgraduate school of… Continue Reading
Sberbank hires CFO, HR chief for investment arm
By Andrei Skvarsky. Sberbank, Russia’s biggest lender, has made two senior appointments for its investment arm Sberbank CIB, hiring Paul Goldfinch from Swiss bank UBS as chief financial officer and Annie Jordan from London-based headhunter Lansdowne International as head of human resources. Continue Reading
GUEST COMMENT: Canrim Resources Monthly Letter August 2014
August saw business return to usual in Mongolia as those in the countryside for an extended Naadam holiday returned to the city. This was followed by a high level visit from Chinese President Xi Jinping to Ulaanbaatar from August 21 to 22. Multiple agreements in infrastructure and mining were signed and now need to be… Continue Reading