Moscow-based investment bank Renaissance Capital has hired Nick Andrews, formerly with J.P. Morgan and Credit Suisse First Boston in Hong Kong, as global head of equities. The role that will make him responsible for the expansion of the firm's equity business in other emerging markets, particularly in Asia.
His remit will include cash equities, derivatives and structured products, but not equity capital markets ECM.
Renaissance Capital, which focuses on emerging markets and is part of the Renaissance Group, made its Asian debut as one of the eight bookrunners on UC Rusal's $2.24 billion Hong Kong IPO in January and, according to a company spokesman, there are a number of other Russian companies looking to...