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Jul 31, 2006

Out in the cold and talking Russian Corporate governance

Exiled 'anti-fraud' fund manager Bill Browder of Russian portfolio investor Hermitage Capital Management talks about Russian equities, corporate governance and outright fraud

Last November Bill Browder, founder and chief executive of Hermitage Capital Management, the largest foreign portfolio investor in Russia, disembarked from a plane in Moscow after one of his frequent trips to London. As he tried to pass through immigration, he discovered that his visa had been canceled without explanation and he was forced to return to the UK, an outcast from the country he had been investing in for nearly ten years. But, as he meets IR magazine at a café in the heart

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