Investing in Russia’s fast emerging economy often seems a good idea for foreign businessmen, who beckoned by high profits put money in steel works, oil-processing plants and other fields. Here is the list of leading Russian finance companies, which can make investing in Russia easier.
Otkritie Brokerage House
Founded in 1995, Otkritie Brokerage House was among the first Russian brokers offering products and services that were up to the best worldwide industry standards, including direct access to MICEX securities trading via the Internet.
Otkritie Brokerage House operates a network of regional offices located in more than 50 Russian cities that enable the company to efficiently service more than 26,000 clients in virtually every part of Russia.
It also has offices in New York, London, Frankfurt, Limassol and Kiev offering services in five key business segments: commercial banking, investment banking, brokerage, asset management and insurance. The company’s investment research analysts issue reviews on 100 issuers.
The National Rating Agency assigned the brokerage house a ÀÀÀ individual financial strength rating.
VTB Capital
Since its foundation in 2008, VTB Capital has taken part in more than 235 ECM and DCM deals, which were instrumental in attracting USD 96.3bn worth of investments to Russia and CIS.
VTB Capital offers a full range of investment banking products and services to Russian and international clients, focusing on arranging operations in the debt, equity, global commodities markets, developing investment and asset management, advising clients on M&A and ECM deals in Russia and abroad. VTB Capital operates in Moscow, London, Singapore, Dubai, Hong Kong, New York, Paris and Vienna, with headquarters in Moscow.
REGION Group
REGION Group has been operating at the Russian stock market for over 10 years, since it was founded in 1995. The REGION Group is one of the leading Russian investment companies focusing on domestic debt market.
The group comprises 5 firms with Region Investment Company being the core of the holding: Regions asset management, Region Development, Region Brokerage Company, Depository Company Region and Region Financial Consultants.
The REGION Group manages assets of 30 non-state pension funds and 12 insurance companies.
REGION doesn’t have any branch network despite relying on a predominantly regional client base. Historically the company has put special emphasis on relationship with regional clients and counterparties, which has expanded the array of our investment opportunities.
Finam
Finam is the name of an investment company and an investment bank. In 2007 Finam was recognized as one of the leading brokerage companies in Russia. According to RBC-rating of the first half of 2008, Finam is the undisputed leader by turnover rate among Russian investment companies. Having the biggest regional network Finam offers its services in 89 cities of the Russian Federation.
Finam Investment Company was established in 1994 to provide stock market services in Russia. Finam’s services vary from the option to invest funds into stock market instruments and asset management to the comprehensive support of transactions to buy and sell businesses and capital operations (IPO, private offerings, etc.). The holding pursues an intensive direct investment policy, spending funds on the purchase of high-tech projects. The first mutual fund in Russia for investments in high-tech companies (Finam – Information Technologies) was formed within the holding.
The company is a member of RTS Stock Exchange, the stock section of the Moscow Inter-Bank Currency Exchange (MICEX), the Moscow Stock Exchange (MSE) and the Saint Petersburg Stock Exchange.
The company has been a full member of the National Association of the Stock Market Participants (NAUFOR) since May 22, 1997.
Investment Holding Finam comprises several subdivisions besides the investment company and commercial bank: Finam Asset Management (mutual funds, Russia), news agency Finam.ru (Russia), insurance broker Finam Insurance (Russia), Training Center Finam (Russia), and also a number of assets in various sectors of the national economy, primarily in the high-tech industry.
KIT Finance
KIT Finance is an independent Russian investment bank providing investment, financial and advisory services to individuals, companies and financial institutions.
KIT Finance is a leader in investment management, trading and underwriting of securities and derivatives, M&A advisory, brokerage, asset management, private banking and retail banking.
KIT Finance offers a full range of investment banking services for institutional investors backed by some of the broadest experience of any Russian investment bank in the market. KIT Finance is the biggest player in the domestic debt markets from among all Russian investment banks.
LLC "CUSTODIAN"
The company was founded in 2009 and is the modern incarnation of the Hedge Fund in Russia, which provides a true European and American Standard Trust Management. It specializes mainly in capital management for high net worth and premium clients, as well as large legal entities. It has a Private Banking branch in Moscow.
Official website: custodian.ru
Investment company QBF (LLC IC "QBF")
Founded in 2008, it positions itself as a "boutique" investment agency for premium clients. It has excellent customer reviews.
Official website: qbfin.ru
Renaissance Capital
Renaissance Capital Investment Group was established in 1995 in Moscow. This decade the company has considerably expanded its presence to emerging markets including some African countries, Near East states and members of the CIS.
Renaissance Capital offers innovative financial and investment solutions to government, corporate and institutional clients in high-opportunity emerging markets around the world. The Firm is a trusted advisor in our core investment banking offerings — M&A, equity, debt, structured solutions and derivatives.
Renaissance Capital is part of the Renaissance Group, an independent group of finance and investment companies specializing in high-opportunity emerging markets. Renaissance Group consists of investment banking, asset management, merchant banking and consumer finance.
Renaissance Capital's Research Department is the recognized market leader. The company has been named the best research house in Russia for five straight years. Institutional Investor also awarded Renaissance Capital for the Firm’s superior coverage of all EMEA emerging markets.
Legal advice on Russian legislation
Sources:
www.open.ru/en/business/broker/
www.vtbcapital-im.com
www.troika.ru
www.finam.ru
www.rencap.ru
www.region.ru
Olga Pletneva (updated by Mikhail Vesely)