American Investors believe more and more in the Russian market
On November 18, 2013 there was "Day of Russia" on the New York Stock Exchange. Within the conference, which is held for the third time, the following session were held: "The next stage of economic development of Russia: use of opportunities", "Alternatives to Oil and Gas: investing in key segments of the Russian economy with high growth potential", "Formation of a new generation of leaders of the world market in Russia”.
About 200 persons participated in the debate: government officials, representatives of business circles of the USA and Russia, leading specialists of American banks and investment funds. The Russian delegation was headed by Deputy Minister Sergey Belyakov. At the sessions the following persons spoke: Anton Karamzin, Deputy Chairman of the Management Board of JSC Sberbank of Russia; Bob Foresman, CEO of Barclays Russia; Albert Ganyushin, Head of International Listings of NYSE Euronext, and others.
"For Russia, the meeting held is a good exchange of experience and the possibility of what is called "to compare notes." We need to understand how sensitive the investment community is to what we do. And the result is that our policy is largely correlated with the expectations of investors ", said Sergey Belyakov, adding that "listing on venues such as the New York Stock Exchange is a quality mark, and we really want that a Russian marketplace become such a quality mark." According to him, "as long as the amount of capital that New York can offer, is much higher, and the requirements made by the New York Stock Exchange, are also higher. Companies need to comply with them."
“I think it was a very open talk with a lot of discussion of how policy affects the lives of investors, and, in principle, it is not a case where the government tried to avoid these issues," said the moderator of panel discussion, a representative BloombergTV, Ryan Chilcote.
Today more and more Russian companies are open to investors, increase capital, participate in joint projects with foreign partners and invest abroad.
Joint session of SPIEF and NYSE “Formation of a new generation of leaders of the world market in Russia" has helped to acquaint the American investment community closer with the Russian market, its investment opportunities and prospects, becoming an important step in the development of economic relations between Russia and the United States.
"Russian companies in the spheres of IT, healthcare and media will be promising on the market in the next five years", said during the discussion Drew Guff, managing director and founder of Siguler Guff & Company.
“Russian companies come from the technology sector, and soon we will see how the best of them, small businesses, will come and try to win the attention of investors", said the head of the department of international listings of NYSE Euronext Albert Ganyushin. According to Albert Ganyushin, there is another type of companies, more traditional in Russia, which have long existed, and, going to the international level, they understand that they need to have global access to capital outside the Russian domestic market. The representative of the Exchange noted that he expects new listings of Russian companies on the New York Stock Exchange in 2014.