Fortis strengthens Russian venture

Fortis Investments, the Belgo-Dutch asset manager, has doubled the number of staff in its Russian fund management joint venture to 90 and hired two senior investment professionals from a local rival.

The alliance with St Petersburg-based CIT Finance, completed in May, combines the companies' interests in Russia and the Commonwealth of Independent States countries and Kazakhstan.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached