The flight of the Russian phoenix
UralSib looks to the regions for growth
“It’s been a long and sometimes painful process but the transition to a market from a centrally planned economy has finally taken hold,” says Peter Halloran, founder and chief executive of Russian asset manager Pharos Financial Group. Resident in Moscow since 1995, Halloran has first-hand experience of the highs and lows of Russia’s experiment with capitalism, but for all the trials and tribulations he remains confident that the country has a bright future.
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