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Liam Halligan is Chief Economist at Prosperity Capital Management - one of the world's leading asset-management firms, with investments worth more than $5bn across Russia and the Former Soviet Union.
Founded in 1996, PCM has consistently topped performance charts for emerging market funds, winning numerous awards from MarHedge, Lipper and Standard and Poor's. The firm has built a stellar reputation for its thorough research and "active" investment approach – and is now a major shareholder in some of the leading companies in Russia, Ukraine and Central Asia.
Along with his role at PCM, Halligan is also one of the UK’s leading economics commentators. For the last six years, he has written his highly respected “Economics Agenda” column in The Sunday Telegraph – which recently won him recognition as “Workworld Columnist of the Year” and “Business and Finance Journalist of the Year” at the British Press Awards.
Halligan’s interest in the Former Soviet Union dates back to the early 1990s, when he moved to Moscow and co-founded Russian Economic Trends – a widely respected source of independent data and commentary. During that period, he wrote an influential column in The Moscow Times and was heavily involved in the Russian government’s attempts to stabilize the country’s nascent post-Communist economy. He went on to cover Russia for The Economist and The Economist Intelligence Unit.
In 1996, Halligan returned to the UK to become a Political Correspondent at The Financial Times, based at the House of Commons – where he proved himself to a shrewd observer of the Westminster scene and a robust, independent thinker. Singled out by the Downing Street Press office as “impervious to spin”, he developed a reputation for courageous, nonpartisan reporting – as detailed in political memoirs written by, among others, Michael Brunson, Peter Oborne and Alastair Campbell.
Halligan’s FT coverage won him a job at Channel Four News – where, until 2006, he was the programme’s Economics Correspondent. During this period, he received a string of broadcast awards – including the World Leadership Forum's "Business Journalist of the Year" award (twice), the coveted "Wincott Award” (three times), the Workworld "TV Programme of the Year" award (four times), and the Bradford and Bingley "Personal Finance Programme of the Year" award.
He also wrote dozens of articles on economics, politics and international relations for, among others, The Wall Street Journal, The Business, The New Statesman, Prospect, House Magazine and The Parliamentary Monitor, as well as presenting Wake up to Money on BBC Radio Five Live and researching, writing and presenting a number of hard-hitting Dispatches and 30 Minutes documentaries for Channel Four.
Having joined Prosperity Capital Management last year, Halligan continues to write his weekly Sunday Telegraph column – as well as a regular column on economics and business trends for GQ magazine – while appearing on television and radio to comment on economic issues in the UK and across the rest of the world.
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