A FUTURE World Cup and Winter Olympics is adding to the opportunity for investors to benefit from increased infrastructure spending in Russia, according to leading European fund manager Plamen Monovski.

GUERNSEY has the potential to increase business flows with Russia, according to a Guernsey Finance team that visited Moscow last week.

COMPANIES wanting to do business in Russia need to have a physical presence in the country to succeed, according to a Guernsey-based financier already working there.

Russian oligarchs are moving in on the Cote d’Azur, with one spending a cool £392m. on a villa and another offering £80m. to divert a railway line that was bothering him. But they’re not the first of their kind to use the place as a playground.