BCS Global Markets, the international markets and investment banking division of BCS Financial Group, has inked a strategic partnership with Caderus Capital, a Russian-Chinese investment group, in a bid to foster cross-border investments between China and Russia, according to a BCS statement.
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The partnership between the two groups will aim to facilitate and support a cross-border collaboration between China and Russia, two of the largest economic blocs in the region. As such, both venues have also agreed to collaborate in promoting the Caderus China Fund, a Chinese equities investment fund in Russia and one of the country’s inaugural funds granting exposure in the country by Russian investors.
In terms of the Caderus China Fund in Russia, the initiative will be exclusively managed by a Hong Kong subsidiary of China Asset Management, one of the country’s eldest asset managers. In tandem to this agenda, Caderus Capital will also be enticing and attracting Chinese investors to both private and institutional money across the Russian market through the deployment of BCS’s investment platform.
Symbiotic Relationship
In addition, the partnership will also see ramifications on Russia’s largest Exchange , the Moscow Exchange (MOEX) – the collaboration includes provisions for the arrangement of listings on MOEX for Chinese mainland companies.
According to Denis Zabolotnev, Chief Executive Officer (CEO) of BCS Global Markets, in a recent statement on the partnership: “Our collaboration with Caderus Capital, who are experienced China experts in Russia, is the result of our concerted efforts to build a two-way highway for cross-border portfolio investment between Russia and China, and is part of the long-term development strategy of our financial services and investment business.”
“We are delighted to initiate a relationship with one of the leaders in the Russian financial market and to contribute to the further development of Russian-Chinese investment activity,” explained Andrei Akopian, Managing Partner of Caderus Capital, in an accompanying statement.
“As a result of our cooperation, an investment Bridge has been created for portfolio investments between Russia and China, which can be used by investors in both countries to broaden their investment horizon and acquire direct access to investment products in new, interesting, and dynamic markets that have a lot of growth potential,” he added.
