Inflation. On June 11, 2021, the Bank of Russia’s board of directors decided to raise the key interest rate by 50 basis points to 5.5 percent. Annual consumer price inflation in Russia reached 6 percent last month against the central bank’s target of 4 percent. This...
Charles Henri Hirsch, the Fund’s Co-Founder and Chief Investment Adviser attended the ceremony to collect the award on behalf of Equinox Russian Opportunities Fund On Monday, May 31, 2021, the seventh annual Russian Hedge Fund Industry Awards ceremony was held at the Mart Cafe in...
Russia-USA relationship. Vladimir Putin and Joe Biden will meet in Geneva on June 16. This will be the first Russian-American summit after Putin’s meeting with the 45th U.S. President, Donald Trump, in Helsinki in July 2018. According to the Kremlin press service, the...
De-dollarization. Russia continues to de-dollarize its economy. The share of the country’s exports sold in US dollars fell below the symbolic 50% mark for the first time in Q4 2020. According to Central Bank data, 61% of exports were denominated in dollars at the end of 2019,...
For almost two decades, Charles Henri Hirsch has been quietly helping clients grow their wealth by investing in an equity market unfamiliar to many — Russia. As chief investment adviser of Equinox, Hirsch has been instrumental in the fund’s incredible total net return of 6,783%...
Vladimir Putin participates in the 12th annual investment forum “Russia Calling”. According to him, “despite all the difficulties of this year, Russia in general has managed to maintain macroeconomic stability, prevent an inflation outburst and support stable financial situation...
Charles Henri Hirsch is one of the few investors capable of generating impressive returns over time. From 2000 through to 2020, he’s achieved an average return of 23% per year with Equinox. In this article, he identifies some key trends that should allow him to continue to perform...
