OREANDA-NEWS. Renaissance Capital, the leading emerging markets investment bank, has opened its 17th Annual Investor Conference in Moscow, an event now firmly established among the most prominent independent investment forums in Russia and the CIS. The conference will welcome more than 700 guests, including major global investors, senior management from Russia's largest companies and key political figures.

“There can be no doubt Russia remains one of the most promising points on the global investment map,” says Igor Vayn, Renaissance Capital's Co-CEO. “Despite today's economic challenges, exceptionally low sovereign debt, ample well-qualified manpower, quite a few industries at their inception stage, and extremely low market valuations of many corporates make Russia highly appealing for investment, both medium and long-term.”

John Hyman, Chairman and Co-CEO, Renaissance Capital, adds, “Structural problems in the world's developed economies piled up for years; so far a solution has not been found and it is not at all evident it will ever be. That means right now we can't be talking about these markets returning to sustainable development However, the financial and economic situation in the emerging markets remains stable and relatively predictable. We believe, as early as in the current decade, these countries are likely to become major growth locomotives for the global economy, leaders of the new economic reality.”

Most of the two-day conference will be run in the form of exclusive one-to-one meetings, at which participants will discuss matters relevant to the corporate and investment communities, and identify new vectors for mutually beneficial cooperation in the context of dynamic changes across the macroeconomic landscape. Renaissance Capital industry experts will share their professional views on investment prospects in various locations across the globe. The conference is expected to encompass more than 1,500 one-to-one meetings.

Renaissance Capital is a leading emerging markets investment bank with operations in Russia, Central and Eastern Europe, Asia and Africa. The Firm also offers its clients access to these markets through such financial centers as London and New York. Renaissance Capital has market-leading positions in each of its core businesses - M&A, equity and debt capital markets, securities sales and trading, research, and derivatives. The Firm is building market-leading practices across emerging markets globally in metals & mining, oil & gas and agriculture. Renaissance Capital is part of ONEXIM Group.