NAIMA expresses its support to colleagues from Baring Vostok Fund (BVCP). Today's detention of Michael Calvi and members of his investment team is a very negative signal for the entire Russian investment market. BVCP is the oldest and most respected player in our industry, which has always advocated the development of the Russian economy, the use of the best practices of corporate governance and responsible investment. It is a Fund with dozens of successfully implemented projects in Russia and Kazakhstan. We do not doubt the reputation of our colleagues, as well as all the leading international investors who have entrusted their capital to them.
- 15 February 2019