Regulator aims to open new doors to Kazakh pension funds
AS THE ARCHITECTS stepped off the plane in Almaty it was clear that they had accepted an extraordinary project. Everywhere you look, glass towers are being erected – a Canary Wharf lookalike is being created on the Steppes of central Asia.
Almaty, the financial centre of Kazakhstan, has ambitious plans. Poor liquidity, a limited number of listed companies and a lack of investors have all hampered KASE, Kazakhstan’s stock exchange.
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