‘Last Man Standing’: An American Investor in Russia Takes a Fall - The Wall Street Journal

August 01, 2019 at 04:06AM

MOSCOW—One year after the West began sanctioning Russia for its 2014 invasion of Ukraine, prompting a retreat of foreign capital, U.S. fund manager Michael Calvey appeared at an annual investor conference in St. Petersburg to deliver a contrarian message.

"There's everything here, growth, creativity, anything you want," he told a packed audience of Russian and foreign businessmen.

This...

[https://m.wsj.net/video/20190731/073019debateseliza/073019debateseliza_167x94.jpg][https://m.wsj.net/video/20190729/072619_fedpreview2/072619_fedpreview2_167x94.jpg][https://m.wsj.net/video/20190731/agtech_0731_1/agtech_0731_1_167x94.jpg]Fed Readies First Interest-Rate Cut Since 2008Anxiety Looks Different in Men[https://m.wsj.net/video/20190731/073019debateseliza/073019debateseliza_167x94.jpg][https://m.wsj.net/video/20190729/072619_fedpreview2/072619_fedpreview2_167x94.jpg][https://m.wsj.net/video/20190731/agtech_0731_1/agtech_0731_1_167x94.jpg]Fed Readies First Interest-Rate Cut Since 2008Anxiety Looks Different in Men

MOSCOW—One year after the West began sanctioning Russia for its 2014 invasion of Ukraine, prompting a retreat of foreign capital, U.S. fund manager Michael Calvey appeared at an annual investor conference in St. Petersburg to deliver a contrarian message.

"There's everything here, growth, creativity, anything you want," he told a packed audience of Russian and foreign businessmen.

This...

[https://m.wsj.net/video/20190731/073019debateseliza/073019debateseliza_167x94.jpg][https://m.wsj.net/video/20190729/072619_fedpreview2/072619_fedpreview2_167x94.jpg][https://m.wsj.net/video/20190731/agtech_0731_1/agtech_0731_1_167x94.jpg]Fed Readies First Interest-Rate Cut Since 2008Anxiety Looks Different in Men[https://m.wsj.net/video/20190731/073019debateseliza/073019debateseliza_167x94.jpg][https://m.wsj.net/video/20190729/072619_fedpreview2/072619_fedpreview2_167x94.jpg][https://m.wsj.net/video/20190731/agtech_0731_1/agtech_0731_1_167x94.jpg]Fed Readies First Interest-Rate Cut Since 2008Anxiety Looks Different in Men

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