FinEx International Finance Group
Content |
History
2022: Total loss of Russian hedged Eurobonds fund funds
The fund from the management company Finex - FXRB (Russian hedged Eurobonds) by the end of May 2022 lost everything. All bonds were sold to cover hedge debts. The collapse occurred against the backdrop of the conflict in Ukraine.
2021: Finex Investment Management and Finex London sold to Sovcombank
Sovcombank bought from the former First Deputy Minister of Finance Andrei Vavilov two companies registered in the UK - Finex Investment Management with a management license in Britain and Finex London - in the fall of 2021 entered the Sovcombank group. Previously, they were part of the FinEx group and through them managed traded FinEx ETFs for Russian customers.
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