Risk in Russia overblown, says Troika
Russia looks a great deal more attractive than developed markets relative to the global backdrop.
Todd Berman, Head of Investment Banking at Troika Dialog, shares his views on its future development in an interview on CNBC.
He says: “Russia today trades cheaper than Greece and its macro situation is very stable. It has been one of the best performing markets in the world over the past 10-15 years. And I think once stability on the global market comes back, once appetite to risk comes back, markets like Russia and China will do significantly better than the developed markets.”
Watch the CNBC video interview here: Risk in Russia Overblown.