“The main objective of the Veles Capital Research Department is to provide clients with up-to-date and complete information on 
market developments. Company analysts prepare research on both select Russian issuers and whole sectors of the economy. While doing this we make use of all the state-of-the-art methods of capital market assessment. Given that Veles Capital is an independent company, our research is objective and comprehensive, and makes it possible for clients to make independent conclusions based on the data we provide” – Mikhail Zak, Director, Research Department.
Main products of the Research Department include:
•Daily Stock Market Reviews provide the fullest possible reflection of on-going market developments, as well as provide a detailed analysis of the most important economic changes. Additionally, these surveys provide an analysis of Russian companies.
•Daily Debt Market Reviews provide a performance analysis of Ruble-denominated bonds and debt market forecasts, investment insights and recommendations reflecting the particularities of the volatile market environment.
•Weekly Money and Promissory Notes Market Reviews have effectively no competition in Russia, as Veles Capital’s leading positions on the debt market make it possible for Company analysts to provide the fullest possible information on this area.
•Company Reviews offer specialized analysis of selected issuers. Reviews cover both blue chips, and Small Cap companies of the second to fourth tiers. The latter companies’ stocks would normally have low liquidity; however, our research makes it possible to identify substantial potential for value growth in such companies.
•Sector reviews (oil, gas, electric power, metals, machine-building, telecoms etc.) offer a broad-based view on select sectors of the Russian economy, providing detailed insights into companies that count among most interesting sector players.
•Strategic Reviews provide a high-level overview of the stock market. When forecasting market behavior, we take into account all major factors of internal and external influence.
Analytical reviews are available in Russian and English.
Veles Capital analysts for one of Russia’s Top Twenty strongest research teams according to Expert RA based on the 2006 results. In 2007, the Veles Capital Research Team won the first annual Focus Russia Survey Prize, established by Interfax jointly with Thomson Financial. The Company’s analysts were named among 2007 best oil and gas, and transport sector analysts as part of the nomination process for the Financial Olympus Prize organized by RosBusinessConsulting (RBK).
For more information on Veles Capital Research, please contact us: research@veles-capital.ru