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Showing 31 - 40 of 168 results for "Russian"

Can Russia use crypto to get around sanctions?

ELIZABETH MCARTHUR  |  FRIDAY, 11 MAR 2022
... is willing to use crypto to pay for the goods, then the SWIFT closure will not be as pertinent," Sojli said. "Then the Russian counterparty keeps the crypto until they can convert it to what currency they need or to pay for other transactions using crypto." ...

Vanguard suspends trading in Russian securities

JAMIE WILLIAMSON  |  TUESDAY, 8 MAR 2022
Vanguard has suspended the purchasing of Russian securities from all its actively managed funds and is also working to divest passive holdings. In a statement, Vanguard said its total exposure to Russia only accounts for about 0.01% of client assets ...

Super funds drop Russian assets

ELIZABETH MCARTHUR  |  FRIDAY, 4 MAR 2022
Australian superannuation funds are dropping Russian assets in response to its invasion of Ukraine amid escalating global sanctions against Russia. Yesterday Treasurer Josh Frydenberg and Senator Jane Hume released a joint statement requesting that ...

Accenture pulls out of Russia

JAMIE WILLIAMSON  |  FRIDAY, 4 MAR 2022
... and will match 100% of donations made by employees. Accenture's decision follows Grant Thornton cutting ties with its Russian affiliate this week, with FBK leaving the member network with immediate effect. Russia has also been removed from the list of ...

MSCI, FTSE Russell drop Russia from indexes

JAMIE WILLIAMSON  |  FRIDAY, 4 MAR 2022
Both MSCI and FTSE Russell have moved to drop Russian equities from their indexes and reclassify the country, citing accessibility requirements. The index providers announced their decisions yesterday, to take effect next week. MSCI said the MSCI Russia ...

NZ Super Fund excludes Russian debt, state-owned holdings

JAMIE WILLIAMSON  |  THURSDAY, 3 MAR 2022
The NZ Super Fund and three other New Zealand institutional investors have excluded Russian sovereign debt and investments in majority state-owned enterprises and will look to divest any current holdings as soon as possible. NZ Super Fund, the Accident ...

MSCI downgrades Russia's ESG rating

JAMIE WILLIAMSON  |  WEDNESDAY, 2 MAR 2022
... financial isolation". Belarus' ESG rating was also reassessed, having initially been looked at in 2021 as a result of Russian pressure on the government. At that time its BB rating was maintained, but MSCI has now opted to downgrade the rating to B with ...

Australia confirms economic sanctions against Russia

ELIZABETH MCARTHUR  |  TUESDAY, 1 MAR 2022
... economic measures against Russia in response to its invasion of Ukraine. So far Australia has sanctioned more than 350 Russian individuals, including oligarchs, members of Russian parliament and military commanders. In a joint statement, Prime Minister ...

EM investors brace for geopolitical impact

KARREN VERGARA  |  FRIDAY, 25 FEB 2022
... exposures, particularly in Russia's energy and financial sectors. More specifically, the fund manager's view on Russian corporates came with strong fundamentals - high return on equity, low valuations, and superior earnings growth prospects. ...

Global markets shaken by war

ELIZABETH MCARTHUR  |  FRIDAY, 25 FEB 2022
Global markets reacted to the news of Russia's invasion of Ukraine overnight, with analysts keeping a close watch on the conflict's impact on companies and economies. IG market analyst Kyle Rodda said he views the current situation as a growth and inflation ...