Economics

Banker Builds Investment Firm by Hammering Putin’s Economic Rule

Andrei Movchan’s firm has amassed more than $100 million
Money manager avoids Russian assets over long-term concerns

Vladimir Putin — Vladimir Putin
Photographer: Andrey Rudakov/Bloomberg

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By Alexander Sazonov and Anna Baraulina

January 14, 2020 at 4:55 PM EST

Updated on

January 15, 2020 at 7:28 AM EST

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Prominent financiers in Russia typically avoid criticizing President Vladimir Putin’s economic policies.

Andrei Movchan is building a business out of it.

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Before it’s here, it’s on the Bloomberg Terminal