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Se cominciano a togliere sanzioni, diventa una scommessa per russiabond

Investors betting on Russian return to Western markets – Bloomberg​

Published: 13 Mar 2025 | 15:17 GMT
Traders expect the country’s discounted securities to surge in value once sanctions are lifted, the outlet has said

Investors betting on Russian return to Western markets – Bloomberg

© Getty Images / Mordolff

Investors are quietly betting that US President Donald Trump’s recent initiatives to negotiate a peace deal in the Ukraine conflict could lead to Russia’s return to Western financial markets, Bloomberg reported on Thursday.

The US and its allies have slapped numerous rounds of sanctions on Moscow since the escalation of the Ukraine conflict in 2022. Russia has been cut off from Western investments and its largest stock exchange has been sanctioned.

In recent weeks, traders at a London brokerage have been seeking to buy Russian securities, an asset largely avoided over the past three years, Bloomberg reported. Their focus has been on buying dollar-denominated bonds issued by Russian energy giant Gazprom.

Investors are speculating that heavily discounted Russian securities could surge in value if Ukraine-related sanctions imposed on Moscow are lifted, the outlet stated.

Investors “understand that as soon as there’s a thaw, these discounts will collapse,” Iskander Lutsko, Dubai-based head of research and portfolio management at Istar Capital, told Bloomberg.

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Money managers report that sales teams are assessing interest in staking on the ruble through non-deliverable forwards (NDFs), a financial derivative that allows investors to bet on a currency’s future value without actual exchange. By not involving physical Russian assets or individuals, they remain outside the scope of current sanctions.

Major US investment banks Goldman Sachs and JPMorgan Chase have reportedly been brokering ruble-linked derivative contracts to meet growing investor interest in Russian-related assets.

“There’s an aggressive search for securities of Russian issuers around the world,” Evgeny Kogan, a Moscow-based investment banker, told Bloomberg. “Investors in general are asking how quickly they can enter the Russian market.”

According to the report, Russia’s potential reintegration into the Western financial system could unlock hundreds of billions of dollars.


 
Vuoi vedere che recuperiamo i bond russi?

Putin unlocks trading in Russian assets​

Published: 17 Mar 2025 | 19:12 GMT
A presidential decree has granted an American hedge fund permission to trade in the securities of Russian firms

Putin unlocks trading in Russian assets

Russian President Vladimir Putin. © Sputnik/Gavriil Grigorov



Moscow has given an American hedge fund permission to buy securities in Russian companies from certain foreign stakeholders, thus easing restrictions imposed in response to the Ukraine-related sanctions. The move comes amid signs of a potential thaw between Russia and the US.

President Vladimir Putin signed a decree on Monday authorizing New York-based hedge fund 683 Capital Partners to acquire the securities of Russian companies owned by about a dozen Western financial entities. Among them are Jane Street, Grantham, Mayo, Van Otterloo & Co., Templeton Asset Management, Franklin Advisers, Highmark Limited, and Carrhae Capital.

The decree then authorizes 683 Capital Partners to sell the securities to two Russian companies, Cepheus-2 and Modern Real Estate Funds, without having to apply for additional permissions.

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The document is aimed at easing the restrictions imposed in September 2022, which prohibited companies from “unfriendly” countries from engaging in transactions with Russian securities in the energy and finance sectors. Any such deals required a presidential approval. The step, aimed at protecting Russia’s national interests, came in response to Western sanctions.

683 Capital Partners LP invests and trades across numerous asset classes. As of December 31, 2024, its portfolio was valued at approximately $1.61 billion.

President Donald Trump’s return to the White House in January has brought about something of a thaw in relations with Russia. Washington and Moscow have launched negotiations aimed at ending the Ukraine conflict, while Trump also indicated that sanctions against Russia could be lifted if peace is achieved.

READ MORE: Truce or dare? Why Putin refused to play the ceasefire game
The Kremlin has confirmed that Putin and Trump are scheduled to have a phone conversation on Tuesday. The call is expected to focus on the prospects of a peace agreement in the Ukraine conflict.

It would be the second call between the two leaders in just over a month. US Special Envoy Steve Witkoff visited Moscow last week to discuss a proposed 30-day ceasefire with Putin. The US and Russian delegations also held high-profile talks in Saudi Arabia and Türkiye in February.

 
Vuoi vedere che recuperiamo i bond russi?

Putin unlocks trading in Russian assets​

Published: 17 Mar 2025 | 19:12 GMT
A presidential decree has granted an American hedge fund permission to trade in the securities of Russian firms

Putin unlocks trading in Russian assets

Russian President Vladimir Putin. © Sputnik/Gavriil Grigorov



Moscow has given an American hedge fund permission to buy securities in Russian companies from certain foreign stakeholders, thus easing restrictions imposed in response to the Ukraine-related sanctions. The move comes amid signs of a potential thaw between Russia and the US.

President Vladimir Putin signed a decree on Monday authorizing New York-based hedge fund 683 Capital Partners to acquire the securities of Russian companies owned by about a dozen Western financial entities. Among them are Jane Street, Grantham, Mayo, Van Otterloo & Co., Templeton Asset Management, Franklin Advisers, Highmark Limited, and Carrhae Capital.

The decree then authorizes 683 Capital Partners to sell the securities to two Russian companies, Cepheus-2 and Modern Real Estate Funds, without having to apply for additional permissions.

Moscow confirms Putin-Trump phone call dateREAD MORE: Moscow confirms Putin-Trump phone call date
The document is aimed at easing the restrictions imposed in September 2022, which prohibited companies from “unfriendly” countries from engaging in transactions with Russian securities in the energy and finance sectors. Any such deals required a presidential approval. The step, aimed at protecting Russia’s national interests, came in response to Western sanctions.

683 Capital Partners LP invests and trades across numerous asset classes. As of December 31, 2024, its portfolio was valued at approximately $1.61 billion.

President Donald Trump’s return to the White House in January has brought about something of a thaw in relations with Russia. Washington and Moscow have launched negotiations aimed at ending the Ukraine conflict, while Trump also indicated that sanctions against Russia could be lifted if peace is achieved.

READ MORE: Truce or dare? Why Putin refused to play the ceasefire game
The Kremlin has confirmed that Putin and Trump are scheduled to have a phone conversation on Tuesday. The call is expected to focus on the prospects of a peace agreement in the Ukraine conflict.

It would be the second call between the two leaders in just over a month. US Special Envoy Steve Witkoff visited Moscow last week to discuss a proposed 30-day ceasefire with Putin. The US and Russian delegations also held high-profile talks in Saudi Arabia and Türkiye in February.


ieri se vai indietro ho postato qualcosa.
 
Non c'è nulla da fare, anche in questi giorni lo sport preferito dei governanti europei è quello di cercare di farla pagare cara alla Russia ed a Putin. Anziché favorire il dialogo dopo le iniziative del presidente Trump si cercano tutte le strade per cercare di deteriorare i primi timidi tentativi di pace. Si continuano a far parlare ucraini sparsi in tutto il mondo che ovviamente sanno soltanto raccontare storie terribili sui russi ed esecrare il presidente Putin come il peggior criminale del mondo. I media raccontano ogni giorno la stessa storia sulla pace giusta con gli stessi ospiti e gli stessi conduttori che si ripetono e che non fanno il minimo tentativo di portare distensione e di inquadrare i fatti che sono accaduti cercando di uscire dalla logica "aggredito-aggressore", logica che viene portata fino allo sfinimento.
È vietato far ascoltare la parte russa e tantomeno averci qualsiasi relazione, solo ai dissidenti viene dato ampio spazio, non rendendoci conto che questo non ci giova e fa il gioco di chi ha in testa altri progetti per noi europei, che io credo non abbiano di sicuro come obiettivo quello di farci vivere meglio; perché la Russia per me è Europa ed è necessario cercare di ristabilire con essa, dopo avere superato questi anni terribili, rapporti politici, economici e culturali duraturi.
 
Invitano ad intervenire sui media europei ed italiani giornalisti o intellettuali russi o filo russi e li crocifiggono deridendoli o zittendoli prima ancora che terminino di parlare, portando sempre su un altare la controparte ucraina. Evidentemente non sono proprio capaci di imparare qualcosa dagli errori commessi.
 
Io non desidero dare la ragione alla parte russa, ma desidero, o meglio avrei desiderato, sentire esponenti russi "seri", e vi assicuro che ce ne sono, a raccontare la loro versione della storia su quanto è successo; non dal 24 febbraio del 2022 ma da molto prima. Perché ci siamo fatti raccontare da altri perché i russi avevano fatto quella o quell'altra cosa, senza sentire dalla loro voce le motivazioni, ritenendole legittimamente giuste o sbagliate, giustificabili o imperdonabili, secondo il ns. personale modo di vedere, tacciando di propaganda inaccettabile la presenza di un cittadino russo non dissidente ad un qualsiasi dibattito pubblico?
 
Non c'è nulla da fare, anche in questi giorni lo sport preferito dei governanti europei è quello di cercare di farla pagare cara alla Russia ed a Putin. Anziché favorire il dialogo dopo le iniziative del presidente Trump si cercano tutte le strade per cercare di deteriorare i primi timidi tentativi di pace. Si continuano a far parlare ucraini sparsi in tutto il mondo che ovviamente sanno soltanto raccontare storie terribili sui russi ed esecrare il presidente Putin come il peggior criminale del mondo. I media raccontano ogni giorno la stessa storia sulla pace giusta con gli stessi ospiti e gli stessi conduttori che si ripetono e che non fanno il minimo tentativo di portare distensione e di inquadrare i fatti che sono accaduti cercando di uscire dalla logica "aggredito-aggressore", logica che viene portata fino allo sfinimento.
È vietato far ascoltare la parte russa e tantomeno averci qualsiasi relazione, solo ai dissidenti viene dato ampio spazio, non rendendoci conto che questo non ci giova e fa il gioco di chi ha in testa altri progetti per noi europei, che io credo non abbiano di sicuro come obiettivo quello di farci vivere meglio; perché la Russia per me è Europa ed è necessario cercare di ristabilire con essa, dopo avere superato questi anni terribili, rapporti politici, economici e culturali duraturi.
Assolutamente d'accordo su tutto. Continuano a farci passare la storiella che ci siano solo i "cattivi" russi da una parte e le "vittime" ucraine dall'altra e che noi saremmo i "paladini" del bene, quando in tutti questi anni nessuno ha fatto nulla prima, per evitare che ci fosse l'invasione russa e dopo per arrivare alla pace. Come nessuno ha cercato di capire le motivazioni di questo conflitto iniziato ben prima del 2022 (direi almeno dal 2014), motivazioni che sono ben più complesse della semplice contrapposizione tra bene e male prendendoci tutti in giro e facendoci, anche a tutti noi europei, del male con costi immensi per una guerra evitabilissima che saranno a carico di intere generazioni.
 

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