Is Russia the Best or Worst in BRIC?

DAY ONE, 16:15-17:30

The discount to which Russia trades when compared to Brazil, China, and India begs the question of whether Russia is in fact a fast growing emerging economy. Whilst the consumer and financial sectors are positioned to for sustainable secular growth, corporate governance, minority investor protection, a very small domestic intuitional investor base, and the dominant role of the state in the economy unquestionably impacts the valuation of Russian financial assets. The discussion is prescient as it will cross over into the issue of governance.