Equity investors reel as US Treasury 'nukes' Deripaska

Sam Kerr

April 09, 2018 03:30 pm

oleg_deripaska_PA_230x150 — MOSCOW, RUSSIA - OCTOBER 24, 2017: Rusal President and Management Board Member Oleg Deripaska (C) at a plenary session of the 9th VTB Capital Russia Calling! annual investment forum. Alexei Nikolsky/Russian Presidential Press and Information Office/TASS | Alexei Nikolsky/Tass/PA Images

Equity investor sentiment on Russia has been upended in the space of a weekend after the shock release from the US Treasury on Friday imposing a fresh set of sanctions on Russia which has torpedoed the fortunes of aluminium producer EN+ and its owner Oleg Deripaska.

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Topics

Central and Eastern Europe (CEE)Equity IPOs CEE Bonds Russia Sanctions Equity EMEA Russia ABBs-Block Trades Europe Emerging Markets CEE Equity CEE

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Sam Kerr