BCS Global Markets, the investment banking division of the largest independent securities broker on the Russian exchange, is planning to open up new investment opportunities for clients, starting with a geographic diversification of its analytical coverage.
The award-winning research team is led by Kirill Chuyko, Head of Research, and BCS Global Markets’ research offering will expand to countries in Central Asia and the Caucasus. Earlier this year, BCS GM began its expansion in Eastern Europe by offering analytical coverage on the debt markets in the Republic of Belarus.
The diversification of analytical coverage will allow clients to broaden their investment opportunities and regularly make informed investment decisions by receiving high-quality coverage of these new markets across a range of sectors.
Earlier this year, BCS ranked No1 in the 2018 Extel Survey for research among single-country brokers with several of its analysts also singled out for expertise in fields such as metals and mining, and TMT. Six new senior analysts have joined the research team in recent months to aid the expansion of high quality coverage, including former Sberbank employees Elena Tsareva and Maria Sukhanova, who focus on Financial Services and TMT, respectively. Other senior additions to the team include Anastasia Egazaryan, who joins the industrial and real estate research team from UBS, Dmitry Skyrabin, who will cover retail and utilities, and Yulia Goldina, who recently joined the equity strategy team.
The first new area to gain additional exposure via industry analysis is Ukraine’s metallurgical sector. BCS Global Markets has released the first report on Ferrexpo, a Swiss trading and mining company, which specialises in the iron ore segment with operations in Ukraine. Ferrexpo is one of the largest exporters of steel pellets to Eastern Europe and, since 2007, the company’s shares have been traded on the London Stock Exchange (LSE).
Kirill Chuyko, Head of Research, says: “As the leading Russian private independent investment bank, we strive to respond in a timely manner to the transformation of the global financial environment. Strengthening analytics is a key strategic move and a strong team of analysts is a prerequisite for business success.
Our analysts consistently rank highly across a number of sectors, including oil, metals and mining, TMT, consumer and financial services. We are delighted to be offering coverage of new markets, selected as up-and-coming areas that any serious investor should find of interest. Our research services already include personal advisory and trading recommendations, complemented by macro analysis of the Russian economic situation – the new members of the team are highly qualified and will help us to achieve this level of coverage in the new markets specified and beyond.”