30 August 2007

Tips on Investing from the Russian Government

According to the Moscow Times (no link love due to ante-deluvian archiving policy) Oleg "the natural resources beast" Mitvol is off to the US to lecture the likes of Capital International on how to invest in Russian E&P stocks.


Presumably such tips include;



  • Open a short position - launch an enquiry


  • Close short position, open long position, meet with relevant governor. Admit that you were in the wrong, sell long position.


Brilliant investment advice.


Oleg Mitvol, the environmental regulator who threatened to halt a $20 billion Shell project last year, said Wednesday that he planned to advise U.S. fund managers on how to invest in Russia's natural resources.


Mitvol will hold meetings with investors from Capital Research & Management, American Century Investments, Fidelity Investments, UBS, State Street and Wells Capital Management during a trip to the United States next week, the deputy head of Federal Service for the Inspection of Natural Resources Use said in a statement.


Mitvol said he would travel from Sept. 4 to Sept. 7, on an invitation from the investors. He will be accompanied by Igor Maidanov, director of the Natural Resources Ministry's department for international cooperation.




Mitvol to Go on U.S. Lecture TourLast year, Mitvol led a campaign against Shell's Sakhalin-2 project in the Far East, which did not subside until the foreign-owned development ceded control to state-run Gazprom.




Bloomberg




No comments:

30 August 2007

Tips on Investing from the Russian Government

According to the Moscow Times (no link love due to ante-deluvian archiving policy) Oleg "the natural resources beast" Mitvol is off to the US to lecture the likes of Capital International on how to invest in Russian E&P stocks.


Presumably such tips include;



  • Open a short position - launch an enquiry


  • Close short position, open long position, meet with relevant governor. Admit that you were in the wrong, sell long position.


Brilliant investment advice.


Oleg Mitvol, the environmental regulator who threatened to halt a $20 billion Shell project last year, said Wednesday that he planned to advise U.S. fund managers on how to invest in Russia's natural resources.


Mitvol will hold meetings with investors from Capital Research & Management, American Century Investments, Fidelity Investments, UBS, State Street and Wells Capital Management during a trip to the United States next week, the deputy head of Federal Service for the Inspection of Natural Resources Use said in a statement.


Mitvol said he would travel from Sept. 4 to Sept. 7, on an invitation from the investors. He will be accompanied by Igor Maidanov, director of the Natural Resources Ministry's department for international cooperation.




Mitvol to Go on U.S. Lecture TourLast year, Mitvol led a campaign against Shell's Sakhalin-2 project in the Far East, which did not subside until the foreign-owned development ceded control to state-run Gazprom.




Bloomberg




No comments: