Global foreign direct investment (FDI) flows rose by 11% in 2013, to an estimated US$1.46 trillion – a level comparable to the pre-crisis average, the latest UNCTAD Global Investment Trends Monitor reports. However, developed countries remain trapped in a historically low share of global FDI, accounting for only 39%.
Yury Popov becomes Managing director of Caderus Capital.
For many years, Yury was head of the legal and compliance department of Renaissance Capital, a leading Russian investment bank. Yury was responsible for the legal structuring of cross-border M&A transactions in Russia, Ukraine and Kazakhstan, and also of numerous restructuring, merger and other corporate transactions of major Russian, Ukrainian and Kazakh companies.
Andrei Anikin becomes Managing partner of Caderus Capital. Andrei is one of the most successful Russian financial market professionals.
Andrei made a substantial personal contribution to the success of Renaissance Capital, one of the most dynamic Russian investment banks, where Andrei participated in the creation and further development of the Russian institutional and individual client base, thus having generated a tangible share of the total income of the bank.
OAO NOVATEK (“NOVATEK” and/or “the Company”) announced today the closing of the sale of a 20% participation interest in Yamal LNG Project (“Project”) to CNODC, a subsidiary of China National Petroleum Corporation (“CNPC”), upon the receipt of all necessary regulatory approvals from Russian, European and Chinese authorities.
From the country that have been actively and productively absorbing international direct investment over the past three decades, China has become the world's largest investor.
China's overseas investment will maintain robust growth in the coming year thanks to the central government's reform plans, officials said on Wednesday.
"The government's reform plans suggest that China will further open up the overseas investment of Chinese enterprises. Policies will be optimized, and support will be increased. It's certain that the robust trend of China's overseas investment will continue," said Zhang Wei, vice-chairman of the China Council for the Promotion of International Trade and the China Chamber of International Commerce.