Under the arrangement, investors can buy certificates issued through AA+ rated BNP Paribas’s structured equity issuance programme linked to a wide range of Russia-specific investment themes.
Tim Bevan, vice-president, equity finance, at RenCap in London, says that the strong rating of the BNP Paribas programme means that both firms will be able to tap into a wider universe of investors beyond the normal emerging market specialists. "The target audience we are looking at includes private banking, high-net-worth individuals and family offices."
He adds that while many...
