Posted on 20 Mar 20
Prosperity has activated its business continuity plan (“BCP”) to ensure that it is well placed to continue its activities in the current environment.
Posted on 29 Jan 20
Last year was eventful and beneficial. Against a backdrop of strong markets across the world, Russia was amongst the best performers. The Prosperity funds yielded good returns, even if we struggled to outperform the major indices – particularly in the case of our special situations strategy that is often less exposed to the market heavyweights.
Posted on 4 Nov 19
Our annual investor trip offers clients and invited guests a ‘deep dive’ into the prevailing public equity investment opportunity amongst Russian and other Former Soviet Union companies in a concise and productive manner.
Posted on 24 Jan 19
Prosperity Capital Management's Founder, Mattias Westman, has prepared an end of year message to share Prosperity Capital Management's thoughts on 2018 and views on the year ahead.
Posted on 26 Dec 18
Russia scored higher in seven out of ten areas – including starting a business, trading across borders and paying taxes – to climb four places from last year to reach 31st position in the World Bank’s Doing Business 2018 report.
Posted on 25 Oct 18
Prosperity’s annual investor trip to Russia offers clients and invited guests a ‘deep dive’ into the prevailing investment opportunity and our portfolio exposure.
Posted on 28 Sep 18
It was a pleasure for Prosperity to welcome many of our clients and invited guests to Moscow for our annual investor conference.
Posted on 25 Sep 18
Posted on 14 Aug 18
Recent and ongoing talk of additional US sanctions against Russia has spooked Russian markets, with the MSCI Russia Index having lost 8.5% and the Russian ruble having weakened by 6.7% against the US dollar since the end of July 2018.
Posted on 4 Jun 18
Following the US government’s decision to put Mr. Deripaska and Mr. Vekselberg on the Specially Designated Persons (SDN) list, automatically making Rusal, En+, GAZ and T Plus sanctioned companies (though the first three were also included on the same list individually), the US Treasury has been bombarded by inquiries and complaints from many affected international companies
Posted on 1 Jun 18
Russian President Vladimir Putin was inaugurated into his new six-year term on 7 May 2018, having won the election on 18 March 2018 with 77 percent of the vote on the back of a 68 percent voter turnout.