In recent years, the pressures on the offshore industry have grown considerably. Traditionally, asset managers have relied on the offshore industry to reasonably reduce the high costs associated with maintenance of the legal infrastructure for the investment industry, thereby improving the investment bottom line.
Most reputable off-shore jurisdictions have substantially tightened tax regimes, restricted marketing of investment products, and passed new legislation, such as the Substance Act in the Cayman Islands, whose requirements significantly raise infrastructure costs and undermine investment decision-making. Against this background, the AIFC offers professional asset managers a unique environment:
A reasonable set of requirements for obtaining the operating license and registration; an attractive tax regime; qualified personnel and quality support
A legal system that operates on the basis of British law, with an efficient court system and judges from the UK and Singapore, independent of the local elites, and government and security apparatus
Commitment to implementing the world's best regulatory practices, combined with an environment without unnecessary bureaucratic pressure
Well-known economist, financier and investment manager. Former Executive Director of Russia's largest investment Bank «Troika Dialog», the founder and Chairman of the Board of the group «Renaissance Investment Management» with assets under management of $7 billion, the founder of «Third Rome». Expert of the Carnegie Foundation Economic program. Winner of many awards and honors, in particular, «Best asset manager» according to Russian Forbes, «Best CEO of the asset management company» according to RBC, «Legend of the industry» according to SPEAR's, «Manager of the year» according to RBC, etc. Author of the book «Russia in the era of post-truth», many articles and lectures on Economics and Finance. He was twice given «Presszvanie» award for his contribution to business journalism. Graduate of Moscow State University of Lomonosov, Financial University under the Government of the Russian Federation, and University of Chicago (Booth School of Business).
As Deputy General Director of Advantage Kazakhstan Bakytjan Mergembaev headed the project of registering the company and obtaining the operating license at the AIFC (Astana International Financial Center); was responsible for interaction with the AIFC on operational and administrative matters; experienced in facilitating interaction with the government authorities in Kazakhstan in relation to issues of compliance with the legal and regulatory requirements; earned a Bachelor's degree in Political Science and International Relations from Nazarbayev University.
Expert in investment banking, sale of business, mergers, and acquisitions. He led the corporate finance division at Alfa Bank and the investment business at Societe Generale, successfully completed dozens of major transactions in the market (RusHydro and Interrao, Europa Plus, Air Union, Mosenergosbyt). As a Vice-President and a member of the Board of AFK Sistema, he was engaged in the search and initiation of the company's investments in various sectors, and the implementation of the strategies for Russian and international developing companies that were the part of the holding. Professor of Economics, graduate of Moscow State University, Finance Academy under the Government of the Russian Federation. He held advanced training in the sphere of capital markets and corporate finance at Oxford and the Institute of Finance in Amsterdam.
A specialist on corporate finance, financial markets and valuation with 28 years of experience. Has experience in investment banking, asset management and financial advisory. Former positions include the head of Equity Financing Division of the Bank of Moscow, an advisor to Rothschild Investment Bank, a director of Corporate Finance Department of Deloitte, a vice president at the investment banking division of Troika Dialog brokerage firm, and Fulbright Visiting Scholar at the Economics Department of Harvard University. Teaches at the School of Finance of the Higher School for Economics (Moscow). Has popular and scholarly publications on financial matters. The author of nine books on finance and economics including “The Warren Buffett Philosophy of Investment” released in 2015 by the USA publisher McGraw-Hill (in English). Graduated from the Economics Department of the Moscow State University. Also studied at Claremont Graduate School (California, USA). Holds PhD in Economics.
One of the recognized Russian experts with more than 30 years of experience in the financial markets. Since 1993, within the Central Bank of Russia Alexander participated in the creation and development of the Russian sovereign debt market. Then he headed the debt market analysis team of Troika Dialog. Since 2000, he headed the analytical, and trade divisions, was engaged in asset management in the largest Russian and international banks. In 2008 he rejoined Troika Dialog (after 2012 known as Sberbank-CIB). As a Vice-President, he led a project to modernize the Russian debt market. He has a degree of the Financial Academy in international economic relations, a diploma from the Moscow Aviation Institute, diplomas from FRB NY and Carnegie Mellon University.
Engaged in supporting and accompanying investors in the process of compliance and long-term development of relationships with partners and financial institutions. Master of the program “Financial Economics and Monetary Regulation” of the Financial University under the Government of the Russian Federation, has a certificate of a specialist in the securities market of the Federal Financial Markets Service 1.0.
9 years of professional experience as a lawyer in Kazakhstan; 7 years as Head of Operational and Legal Support at a leading company in Kazakhstan, providing services to large foreign oil and gas companies: NCOC, ENI, KPO, Tengizchevroil. Zhadra Abdullina graduated with honors from M. Narikbayev KAZGUU University, the top law university in Kazakhstan; has a Bachelor of International Law and Master of Civil Law degrees; completed training in compliance, specifically in anti-money laundering; holds responsibilities in supporting investors during the compliance process at Movchan Management.