Russian IPO Activity Ticks Up
As the global economy improves and fears about new Western sanctions recede, Russian IPO activity is heating up. By the end of the year, the Moscow Exchange aims to have 10 share listings.
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IPO Activity Heats Up
British chip designer Arm, grocery delivery firm Instacart, and marketing-automation platform Klaviyo are collectively aiming to raise billions of dollars through stock offerings in September.
Robinhood, An Overlooked Opportunity?
The online brokerage began trading at $38 per share, the low end of its range which valued the company at about $32 billion. After dropping as much as 10% Robinhood's market capitalization closed down at $29 billion.
Tinkoff, Just Getting Started
TCS Group Holding, which runs Russia's leading online bank (Tinkoff), has become an investor's darling and is considered as a technology and a banking play. Capitalising both on the post-pandemic recovery and on a faster digital transformation in Russia.
U.S. Money Managers Win Big
The global asset management industry is undergoing a profound shift as US-based financial giants dominate the UK and European markets.