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| 3/11/2008 |
| Renaissance Capital dominates Institutional Investor rankings for EMEA |
Moscow / Lagos / London, March 11, 2008 - Renaissance Capital, the investment banking specialist for high-opportunity emerging markets, has dominated Institutional Investor’s 2008 Emerging EMEA research poll. The firm’s analysts secured the number one ranking in 10 different categories for emerging Europe, the Middle East and Africa – far more than any other bank in the survey. In total, Renaissance scored 40 points, nearly double that of the second-ranked house.
The results reflect the opinions of more than 300 analysts and money managers at 240 institutions, managing an estimated USD 229 bln in emerging EMEA equities. The survey ranks analysts in two Macro, six Country and six Industries sectors.
Renaissance Capital's research team won 10 first-place rankings in Institutional Investor's Emerging EMEA poll: Russia; Ukraine; EMEA Oil and gas; EMEA Financials; EMEA Metals and Mining; EMEA Telecoms; EMEA Utilities; EMEA Chemicals; EMEA Macroeconomics; and EMEA Strategy.
Roland Nash, Head of Research at Renaissance Capital, said of the results: "Renaissance Capital has figured highly in the I.I. rankings year after year, but the result for 2008 is a fantastic reflection of our desire to continue improving and our focus on providing our clients with a research product that adds real value. This is the first time that a bank founded in Russia has won an international ranking and shows how quickly banks created in emerging markets are becoming globally competitive. Renaissance Group is expanding into new frontier markets all the time and our world-class research footprint will be part of that expansion."
Renaissance Group, which was created in Russia in the 1990s and holds top rankings for M&A and equities in that market, has expanded rapidly into new markets in the last two years, including sub-Saharan African markets such as Nigeria and Kenya. Last month the firm opened its first Middle Eastern office in Dubai.
The table below shows the results of Institutional Investor’s 2008 Emerging EMEA Research Team survey (source: Institutional Investor).
| Weighed rank 2008 |
Firm |
Weighed sum |
| 1 |
Renaissance Capital |
40 |
| 2 |
Deutsche Bank |
23 |
| 3 |
UBS |
19 |
| 4 |
Merrill Lynch |
15 |
| 5 |
Citi Investment Research |
10 |
| 5 |
UniCredit Markets and Inv Banking |
10 |
| 7 |
JPMorgan Securities |
7 |
| 8 |
ING Equity Markets |
5 |
| 9 |
Dragon Capital |
3 |
| 10 |
Concorde Capital |
2 |
| 10 |
Troika Dialog |
2 |
| 12 |
Credit Suisse |
1 |
| 12 |
Morgan Stanley |
1 |
| 12 |
UralSib |
1 |
About Renaissance Capital Research Team (research.rencap.com):
Renaissance Capital is the leading investment bank and research house in Russia and the CIS. Renaissance Capital’s 75-person strong Research Team headed by chief strategist Roland Nash is a collaboration of some of the best industry experts in the business, providing independent, in-depth analysis of Russian, Ukrainian, CIS, Sub-Saharan African and other equity and fixed income investment opportunities.
About Renaissance Capital (www.rencap.com):
Renaissance Capital is a leading investment banking firm in the CIS, Central Asia and Sub-Saharan Africa. Renaissance Capital has market-leading positions in each of its core businesses - M&A, equity and debt capital markets, securities sales and trading, research, and derivatives.
Renaissance Capital is part of the Renaissance Group. |
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