28 Oct 2019
Auerbach Grayson & Company, LLC, a New York-based brokerage firm specializing in global trade execution and exclusive in-depth research for U.S. institutional investors, announced today that it has partnered with Sova Capital Limited, an international brokerage and member of the Moscow Stock Exchange, to provide U.S. investors with greater access to Russian equities.
Through its partnership with Sova Capital, Auerbach Grayson will provide its institutional clients with increased on-the-ground research and coverage of investment opportunities in Russia. The partnership with Auerbach Grayson also enables Sova Capital to disseminate its research and investment ideas on Russian equities with high value in the U.S. market to Auerbach Grayson’s clients, comprised of more than 500 of the largest U.S. institutional investors.
“Even amidst geopolitical volatility and uncertainty, Russia remains rich with investment opportunity. The struggle for American investors has been that barrier to entry,” said David Grayson, Chief Executive Officer and co-founder at Auerbach Grayson. “We look forward to partnering with Sova Capital to provide U.S. institutional investors with greater access to this market which has largely been ignored in recent years.”
Auerbach Grayson, with offices in New York and London, built its global network by establishing partnerships with local and regional brokers and banks in emerging, frontier and developed markets worldwide, with analysts in every region. The firm provides U.S. institutional investors with trade execution and in-depth local equity research from its local partners.
“We are glad to be partnering with one of the giants that made tremendous effort to help forging the industry we know today. At the same time as an expert for the Russian and CIS markets, we see the great potential and opportunities it can bring to the US institutional investor base; all the more these investors historically have held a dominant position in the region via different type of funds. We believe that both companies will benefit from this partnership that will help servicing our strategically important investor bases,” said Sergey Sukhanov, Chief Executive Officer at Sova Capital.