KASE: Russian Funds Replace Moscow Exchange
Photo: Kase.kz
Two mutual Russian investment funds have replaced the Moscow Exchange on the Kazakhstan Stock Exchange (KASE), Orda.kz reports.
The closed-end mutual investment combined fund Levkoy has a share of 4.6% (49.4 thousand shares), and the closed-end mutual investment combined fund Nigella has a share of 8.5% (91.3 thousand shares). Both are listed on the website of the National Settlement Depository of the Russian Federation as controlled by the Russian JSC Specialized Depository Infinitum.
Levkoy is under the trust management of Moscow-based Balance Asset Management LLC, which became the primary shareholder of the CSKA football club in September 2022. Tetis Capital LLC, also registered in Moscow, manages Nigella.
Tetis Capital and Balance Asset Management are listed on the Russian Central Bank's website as financial market participants. They manage investment funds, mutual funds, and non-state pension funds.
Moscow Exchange has officially left the KASE shareholders due to sanctions. It had owned 13.1% of the exchange's shares.
Original Author: Nikita Drobny
Latest news
- Scammers Posing as Security Agents Trick Architect Into Selling Property
- Ulytau Officials Respond to Fine: Blogger Was Penalized Over Unfounded Corruption Claims
- Kazakhstan Lifts Gallium Export Duty
- Chinese Firm Proposes to Fund New Port and Logistics Hub in Mangystau Region
- ForteBank Stock Soars on Home Credit Deal, Then Plunges 30% in a Day
- Coins Believed to Be Tied to Kairat Satybaldyulyuly to Be Auctioned
- Ukraine’s Military Intelligence Chief Says Ceasefire Should Come Before Year’s End
- Kyrgyz Citizen Fined in Kazakhstan for Carrying Banned Book Across Border
- Trial of Former Financial Police Officers in Khorgos Case No. 1 Closed to Public Over State Secrets
- Kazakhstan to Ban Outdoor Currency Rate Displays at Exchange Offices Starting September
- Armenian Court Orders One-Month Detention for Tashir Pizza Executive Amid Ongoing Investigation
- Kazakhstan May Require Banks to Offer Deferrals to Socially Vulnerable Borrowers
- Almaty Utility Pursues Debt Collection for Unpaid Heating and Hot Water Bills
- Kazakhstan and Afghanistan Sign Railway Memorandum
- Kazakhstan's National Bank Keeps Interest Rate at 16.5%, No Cuts Expected Until 2026
- Vyacheslav Kim Finalizes Purchase of Alatau City Bank
- Wild Arman Associate Detained in UAE Over Alleged Role in Qantar Riots
- Ulytau Region Akim Sues Woman for 495,000 Tenge Over TikTok Video
- Ukrainian Entrepreneurs Move to Buy BTA Bank from Kazakh Businessman Kenes Rakishev
- Kazakhstan’s Foreign Debt Hits 170.5 Billion USD in Q1 2025
