Owen Wild is Deputy Editor of International Financing Review based in London and also has global responsibility for equity capital markets coverage. Prior to 2010 he was associate editor for equities and structured equity. Owen joined IFR in 2004 as a reporter and has since worked across Equities, Structured Equity and Derivatives sections as both reporter and editor. Before joining IFR, Owen covered foreign exchange markets. Follow Owen on Twitter @IFR_Owen
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A sell-down in aluminium giant Rusal provided further evidence last week that Russia is firmly back on investors’ radars. The deal follows the Rbs18.402bn (US$319m) flotation of Detsky Mir, a Rbs14.86bn accelerated sale in PhosAgro and a US$250m five-year convertible bond by steel producer Severstal
Andrey Guryev, deputy chairman of the board of directors at PhosAgro will raise Rbs14.86bn (US$250.8m) from the sale of shares in the Russian fertiliser producer this evening.
Claus Skrumsager, Morgan Stanley’s co-head of global capital markets in the EMEA region, is moving into the bank’s investment management division to start his own fund.