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Forbes: How a stock market player David Amaryan became a major rentier
https://www.forbes.ru/biznes/506960-kak-birzevoj-igrok-david-amaran-stal-krupnym-rant-e
Balchug Capital investment fund of Amaryan brothers acquires “Metropolis” shopping center in Moscow
https://www.forbes.ru/biznes/487223-vladel-cem-trc-metropolis-v-moskve-stal-investfond-balchug-capital-brat-ev-amaranov
Balchug Capital purchases “Metropolis” shopping center from US investors
https://www.rbc.ru/business/06/04/2023/642e86b99a79473191221293
“Pulkovo Sky” business center was acquired by Balchug Capital
https://banks.am/en/news/newsfeed/25346
The Investor Who’s Sticking With Russia
https://www.wsj.com/articles/the-investor-whos-sticking-with-russia-11648966162
Hedge Fund That Hasn’t Lost in a Decade Piles Into Russian Stocks
https://www.bloomberg.com/news/articles/2021-01-13/hedge-fund-that-never-lost-in-a-decade-piles-into-russian-stocks
Investors should stay focused, calm, and avoid making impulsive decisions
https://www.wealthadviser.co/2020/05/27/285947/investors-should-stay-focused-calm-and-avoid-making-impulsive-decisions
David Amaryan’s interview with Alpha Week
https://www.alpha-week.com/emerging-markets-alpha-event-driven-and-value-balchug-capital
David Amaryan’s interview with Hedgeweek
https://www.hedgeweek.com/2020/04/13/284651/disciplined-approach-how-emerging-markets-manager-balchug-trading-through-turmoil