CAPITAL MARKETS

Alrosa to auction off private pension fund

Russian diamond major Alrosa is set to auction off of its private pension fund.

Staff Reporter
Alrosa's leadership has said the sale of the fund, upon which many of its former employees rely, will not adversely affect them.

Alrosa's leadership has said the sale of the fund, upon which many of its former employees rely, will not adversely affect them.

Alrosa said in a statement the disposal was approved by the board earlier this week. It will be sold "to a financial company specialising in this sector" will allow funds to be managed more effectively....

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