ASSET MANAGEMENT…

Current and potential investors should look carefully at Mikhail Khodorkovsky, the tycoon behind Yukos Oil. When minority shareholders threatened to block his plan to issue new shares that would effectively strip Yukos of its assets, he physically barred them from the annual meeting. Analysts say the new shares would dilute Yukos’ equity in its subsidiaries and effectively transfer Yukos assets to Khodorovsky’s closely held Rosprom, leaving Russia’s second-largest oil company with huge liabilities and negative net worth.