06 June 2018
Renaissance Capital records strong performance in 2018 Extel Survey


Charles Robertson, Global Chief Economist, voted #1 Frontier Markets Analyst

The Firm ranked #1 overall in Russia: Economics & Macro

Moscow, London, 6 June 2018 – Renaissance Capital, a leading emerging and frontier markets investment bank, has delivered another set of impressive results in the 2018 Extel Survey, with strong placings for individual analysts and the wider Firm in a range of categories.

Charles Robertson, Renaissance Capital’s Global Chief Economist, was rated #1 Frontier Markets Analyst for the third consecutive year, with Dan Salter, Head of Research, Eurasia, #4, up from #5 in 2017. Oleg Kouzmin, Renaissance Capital’s Russia & CIS Economist, was rated #2 in the Russia: Economics and Macro category, and #2 Leading Research Analyst – Russia, a significant improvement from his #3 and #7 positions, respectively, in last year’s survey.

In the team rankings, Renaissance Capital was ranked #1 in the Russia: Economics and Macro category, up from #2 in 2017, while also being named #2 in the Frontier Markets category. The Firm was ranked in the top 5 in the Leading Brokerage Firm – Russia category, up from #7 last year.

Winners were chosen from among over 10,500 individuals from 500 sell-side firms, and over 11,300 investment professionals voting in the survey.

Charles Robertson, Global Chief Economist, Renaissance Capital, commented: “Frontier markets are the future and we are looking forward to another fascinating year ahead, producing excellent research and enticing capital to Frontier so that its development will be the fastest the world has ever seen. Being recognised as the leading frontier markets analyst for the third consecutive year is a wonderful accolade. Of course, this would not be possible without the strong support of the Firm’s research team, and Renaissance Capital as a whole.”

Daniel Salter, Head of Research, Eurasia, Renaissance Capital, added: “Renaissance Capital’s latest excellent showing in this year’s Extel Survey is yet another clear demonstration of our longstanding leadership in frontier and emerging markets. Our outstanding individual and team results in the Frontier Markets and Russian Economics and Macro categories are a welcome recognition of the deep strength of the Firm’s talent and commitment to enhancing our research offering. This performance comes shortly after our excellent results in South Africa’s 2018 Financial Mail Awards, and we look forward to another year of market-leading insight into the world’s high-opportunity regions.”

The Extel Survey began in 1974 with 53 asset management firms giving their views on the advice they were getting from their research analysts at stockbroking houses. Today Extel is the foremost independent evaluation of quality across the European equities investment industry. With widely valued expertise in Developed & Emerging Europe, Middle East, North Africa, and Frontier Markets, Extel provides valued insights on hot topics such as social responsibility, the impact of MiFID II and unbundling.