investors' one-stop shop
We see Romania as one of the most attractive destinations for investors in the emerging markets universe: 1) we expect the economy to enjoy high GDP growth (+4.5% in 2017E and +4.0% in 2018E), coupled with relatively low price growth (CPI at +1.0% in 2017E and 2.0% yoy in 2018E); 2) Romania’s stock market offers one of the highest dividend yields in both nominal and real terms; 3) Romania’s stocks still trade at their 1Y FWD P/E, at a c.30% discount to the MSCI EM index and a c.5% discount to their five-year average; and 4) the country’s chances for possible reclassification by the MSCI from frontier to the emerging markets group have increased, in our view.
WOOD & Company is the leading investment bank in Emerging Europe. Founded in 1991 and head-quartered in Prague, our footprint spans the region and touches investors around the globe.
A pioneer in Emerging Europe, WOOD executed many of the first CEE equity trades and landmark investment banking transactions. Our electronic trading platform was the first in the region, and remains the best. We are continually expanding our relevance and reach in these ever-evolving markets.
Our equity market share reflects our stature: 7% in Warsaw, 20% in Bucharest, 16% in Hungary, 40% in Prague and 5% in Vienna. Our distribution is unparalleled, with the largest salesforce in the region, servicing a uniquely diverse investor base.
We couple local expertise with a truly international perspective. With offices on the ground in the region, and in key financial hubs such as London and Milano, we are never far from our clients and we remain at the forefront of what’s afoot in the CEE emerging and frontier landscape.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.