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24 April 2008
Pharos Financial Group featured in Opalesque
Opalesque Exclusive: Oldest Russian hedge funds now focuses on fundamentals unlikely to be affected by crisis, Russia exposed to financial markets-contagion but economy is taking off.
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07 April 2008
Peter Halloran in Business New Europe
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March 2008
Peter Halloran in Institutional Investor
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19 March 2008
Pharos Gas Fund featured in Hedge Fund Alert
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18 March 2008
Peter Halloran in The Moscow Times
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17 March 2008
Interview of Kevin Dougherty on Russia Today about the consequences of the action took by the U.S. Federal Reserve on the value of the U.S. dollar.
"The central banks are really worried about any impact on their own economies, so they are unlikely to add fuel to the fire by dumping the dollar at these levels. Certainly going forward what we are likely to see from most central banks is that they will continue to diversify from the dollar in their reserves," added Kevin Dougherty, Portfolio manager of Pharos.
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12 March 2008
Peter Halloran in Seeking Alpha
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03 March 2008
Interview of Peter Halloran on Bloomberg: Analyze This: Russian Politics; Fund Strategy; Outlook For Russia's Growth
Peter Halloran, president of Pharos Financial Group, talks with Bloomberg's John Dawson from Moscow about his investment strategy and the impact of Dmitry Medvedev's victory in Russia's presidential election on the country's economy. Medvedev won by a landslide, giving him a mandate to succeed Vladimir Putin. European monitors cast doubt on the fairness of the vote. (Source: Bloomberg)
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February 2008
Peter Halloran in Hedge Fund Intelligence
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19 February 2008
Interview of Peter Halloran on CNBC Europe Squawk Box: Good Time to Invest in Russia?
With Vladmir Putin set to step down next month, what is the change of political climate likely to mean for investing in the country? Peter Halloran, CEO of Pharos Financial Group discusses the attraction of investing in Russia.
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19 February 2008
Interview of Peter Halloran - Video available on Bloomberg
Peter Halloran, president of Pharos Financial Group, talks with Bloomberg's Nigel Stevenson in London about his investment strategy for Russian stocks, Russia's economy and the outlook for the country's presidential election on March 2. Pharos has more than $300 million under management.(Source: Bloomberg)
08 February 2008
Peter Halloran in HedgeWeek
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07 February 2008
Peter Halloran in Lipper Hedge World
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24 January 2008
Peter Halloran in HedgeCo.Net
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24 January 2008
Peter Halloran in FIN Alternatives
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January 2008
Peter Halloran in the Moscow Times
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January 2008
Pharos sheds light on Russia's recovery - Euromoney
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24 December 2007
No More Russian Roulette - The Wall Street Journal
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18 December 2007
Peter Halloran in Eurekahedge
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11 December 2007
Pharos quoted in the Financial Times
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03 December 2007
Peter Halloran in The Moscow Times
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15 November 2007
Peter Halloran in Reuters
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13 November 2007
Peter Halloran in The Moscow Times
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15 October 2007
Peter Halloran in Forbes.com
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21 September 2007
Kevin Dougherty in Russian Today
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12 September 2007
New Russian Prime Minister signals continuity
The transition of presidential power has officially begun today as Prime Minister Fradkov has resigned after several years of unremarkable performance. His replacement is a relatively unknown but loyal 65 year old Putin protege named Viktor Zubkov. His post-Soviet experience has been largely with tax ministries, first under Putin in St. Petersburg and later in Moscow. Zubkov's most recent role has been to head Russia's anti-money laundering efforts where he successfully removed Russia from the FATF "black list". The Duma will approve him on Friday. It is likely that he will become the presidential nominee with the PM role serving as his launchpad as was the case with Putin. As the administration famously controls the media in Russia, there will be no need for Karl Rove's assistance in building Zubkov's image. Given Zubkov's age and loyalty to existing leadership, it seems clear that there will be no changes to policies or threat to the existing status quo. Indeed, Putin will be well placed to work in the shadows with this choice, and potentially to take the role of PM himself where he would continue as the de facto leader of Russia.
6 August 2007
The Almighty Rouble - The New York Times
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July/August 2007
Peter Halloran in Institutional Investor
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20 June 2007
Potanin Takes a Swipe at Government
The Moscow Times
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11 May 2007
VTB Bank Raises $8 Billion in Biggest IPO This Year (Update1)
Bloomberg
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Press Release - Pharos hires Deutsche Bank's director Kevin Dougherty
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Peter Halloran and Nat Moser interview in EnergyHedge November 2006
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23 October 2006
Russia Billionaire Mordashov to Sell 15% of Severstal
Bloomberg
Russian billionaire Alexei Mordashov plans to sell 15 percent of OAO Severstal, the steelmaker that lost a bid to combine with Arcelor SA this year, in a public offering designed to raise cash for acquisitions. The stake is worth $1.91 billion, based on the share price in Moscow today. The sale will increase the proportion of shares in the company that are traded publicly to 25 percent from 10 percent and cut Mordashov's holding from 90 percent, according to a statement today from Cherepovets, Russia-based Severstal. Arcelor's August purchase by Mittal Steel Co. has intensified attempts by steelmakers worldwide to seek combinations that will reduce costs and guarantee raw material supplies. Severstal said today its shares will trade in Moscow and London, providing financing while raising the company's profile with foreign investors. ``Mordashov doesn't want to get shut out again of a major acquisition because people are asking: Severstal Who?'' said Peter Halloran. ``This placement puts him in a position to solve this problem.'' Mordashov must improve corporate governance at the company, Halloran said. Severstal said today it will appoint a new board with independent directors comprising half the 10-strong board. Severstal also plans to appoint a non-executive chairman. ``If he wants to become a major player outside of Russia, he will have to have good corporate governance in place,'' Halloran said. ``You can't make acquisitions if your stock is funny money.''
20 July 2006
Yukos Chief Quits as Oil Company Faces Liquidation
Bloomberg
OAO Yukos Oil Co. Chief Executive Officer Steven Theede resigned, ending a two-year battle with the Russian government to save the oil company built up by Mikhail Khodorkovsky, the former billionaire now imprisoned in a Siberian labor camp. Commenting on the recent developments and the bleak future of Yukos Peter Halloran said: `There is going to be a flood of criticism and then the issue will be gone. '' ``There is still some hope for Yukos minority shareholders - it depends on how the deal is cut and who the shareholders are.''
20 July 2006
Russia Today TV
On 20 July 2006, Nat Moser was interviewed by the Russian television channel Russia Today regarding Gazprom's future acquisitions and its ability to meet its current production targets.
Peter Halloran in WSJ article on Gazprom May 5, 2006
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