Turkey Strategy: Turkish gambit – May 2023 elections
On 14 May, Turkey will be holding presidential and parliamentary elections. As the final polls have been published already (election period bans are now in effect) and the election rallies of all the major political blocks are gaining momentum, in this report, we highlight some potential post-election scenarios, as suggested by the recent polls, present the potential implications for Turkish equities, and highlight the key macroeconomic challenges to be faced by the next government, irrespective of the election results.
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.
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