Unpacking Russia's onshore potential

Russia boasts the world's most expensive city and is home to many of its richest people, following a decade of intense wealth creation. Although not immune to the global credit crunch, Russia still achieved a real growth rate in GDP of 8.5% for the first quarter of 2008 while other economic markets declined. So why does Russia only form a faint blip on the periphery of the structured products landscape? The Russian structured products market is dominated by private placements for wealth clien