Russia’s hedge fund opposition

By:
Dominic O’Neill
Published on:

As president Vladimir Putin enters his third term, one of the main critics of the political and corruption risks in Russia is Bill Browder, chief executive of London hedge fund Hermitage Capital.

The US Senate’s backing this summer for the so-called Magnitsky Law is forcing more investors to listen to Browder’s ultra-critical view of the Russian state system. So what kind of change in Russia would Browder advocate? 

The law is an important precedent for US relations with other countries too; Browder is a rare example of a hedge fund manager turned human rights advocate. His grandfather was leader of the US communist party in the 1930s.