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Should you continue to invest with Putin?,
Christopher Granville,
27 Jan 2012
Rapidly falling political risk will likely contribute to positive returns from Russian equities in 2012 | Politics/governance |
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Who’ll invest in a country that 'sways in the wind’?,
Christopher Granville,
9 Dec 2011
Tensions surrounding the Duma election will be calmed, but Putin is now a long-term risk factor | Politics/governance |
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Russia’s vulnerability to a Eurozone crash,
Christopher Granville,
Irina Lebedeva,
2 Dec 2011
Improved monetary policy has weakened contagion and generated an attractive play on oil and gas company dividends | Macro policy |
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Russia’s WTO entry will generate direct wins for equity investors,
11 Nov 2011
The key is higher import demand leading to FDI by acquisition | Brief Notes |
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The consequences of Putin’s big spend,
Christopher Granville,
Irina Lebedeva,
4 Oct 2011
The widening structural budget deficit has silver linings for the ruble and equities | Macro policy |
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Putin power will increase the Russian market's sky-high beta,
26 Sep 2011
| Politics/governance |
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Russia’s tandem heading for a second term,
Christopher Granville,
12 Aug 2011
An improved overall re-rating prospect will be supported by more radical privatization and pension reform | Politics/governance |
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Capital flight episode draws to a close,
Christopher Granville,
Irina Lebedeva,
1 Jul 2011
As a result, consumer and banking stocks will likely outperform in H2/11 | Macro policy |
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Russian political timing alert,
20 Jun 2011
| Politics/governance |
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Russian corruption revisited: Serious but not hopeless,
Christopher Granville,
Jan Cleave,
13 Jun 2011
More transparent procurement procedures and operating cost efficiency targets will likely benefit SOE shares | Politics/governance |
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Macro strategy for Russian banking stock exposure,
Christopher Granville,
Irina Lebedeva,
26 May 2011
Overweight large caps now and switch to smaller banks towards year end | Financial |
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Putin’s ‘I spend because I can’ approach spells more asset price volatility,
21 Apr 2011
| Macro policy |
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Russia’s political cycle: Getting ever better ahead of the September announcement,
14 Apr 2011
| Politics/governance |
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Russian GDP data and growth outlook: Use of oil windfall is the key,
12 Apr 2011
| Macro policy |
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The Medvedev-Putin competition spells more reformist policies,
15 Mar 2011
| Politics/governance |
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Labour makes the case for Russian manufacturing,
Christopher Granville,
Jan Cleave,
Irina Lebedeva,
25 Feb 2011
Superior productivity gains and falling unit labour costs support increased weightings to manufacturing sectors – especially domestically oriented | Infrastructure/Industry |
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Russian homebuilding: A top-performing sector over the next decade,
Christopher Granville,
Jan Cleave,
9 Feb 2011
This long-term growth story can be accessed first via developers, then construction materials producers | Infrastructure/Industry |
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Russia’s monetary crunch: Best of three,
1 Feb 2011
| Macro policy |
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Why political risk is deteriorating in Kazakhstan,
24 Jan 2011
| Other FSU markets |
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Medvedev heading for a second term,
3 Dec 2010
| Politics/governance |
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RUSSIA: Khodorkovsky verdict prediction,
5 Nov 2010
| Politics/governance |
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The big test for Russia’s new monetary policy,
Christopher Granville,
Irina Lebedeva,
5 Nov 2010
As the Central Bank forges a mandate for itself, we expect a year-end rate hike leading to a buying opportunity in equities | Macro policy |
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Now is the time to invest in the forestry sector,
Christopher Granville,
Jan Cleave,
5 Oct 2010
Demand and regulatory drivers – especially for value-added import substitution – are positively aligned, with a rare IPO imminent | Natural Resources |
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How Luzhkov has unwittingly boosted Medvedev,
28 Sep 2010
| Politics/governance |
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Russia’s fiscal slide: Causes, cure and investment implications,
Christopher Granville,
Irina Lebedeva,
16 Sep 2010
Fiscal policy is a new and chronic risk factor for asset prices, especially tradable sectors, but budget plans will benefit autos, homebuilders and private oil and gas companies | Macro policy |
