... funds are now placing greater emphasis on diversification and risk management. If the current momentum persists, further increases in the number of deals can be expected in the second half of 2025, but the priority will remain on the quality of this growth and the long-term sustainability of companies.

... on diversification and risk management. If the current momentum is maintained, the second half of 2025 may bring further growth in the number of deals and investment volumes; nevertheless, a key priority for the market will remain the quality of this growth and the long-term sustainability of startups.

... consumer demand. Against this backdrop, the total wealth of Russia's wealthiest businessmen, according to the Bloomberg Billionaires Index , increased by nearly $20 billion. For investors, analysts, and the wider audience in the CIS, this signals the sustained investment attractiveness of Russian assets even amidst sanctions and geopolitical volatility. 2. Growth Leader: Pavel Durov and the Telegram Ecosystem The absolute leader was Pavel Durov, co-founder of the messaging platform Telegram . His wealth grew by +$3.27 billion , reaching $14.3 billion. The main drivers include: Planned public listing – ...

... United States and the Eurozone, while China and some emerging markets maintain a dovish monetary policy to stimulate economic growth. Global Imbalances Rising public debt: Many countries continue to borrow to support their economies, creating risks for ... ... policy. Sectors showing resilience include: Technology, particularly in artificial intelligence and automation. Green energy and sustainable development. Healthcare, including biotechnology and pharmaceuticals. Bond Market Long-term bonds remain under pressure ...

... investment funds. Europe and Asia are also showing a strong growth trajectory in the collective investment industry. The market’s growth is fueled by both new investor inflows and increasing asset values. In environments with low interest rates, capital actively ... ... becoming attractive, providing deposit-like returns with minimal risk for conservative investors. New Products, Technologies, and Sustainable Investing The collective investment industry is actively embracing innovation. Modern technologies simplify access ...