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Monday, 17 July 2017

EFG Hermes expands coverage to Pakistan, Vietnam equities, tops Institutional Investor’s poll

EFG Hermes Research announced it topped the leaderboard of Institutional Investor’s 2017 EMEA Investor Poll and came in second on the Thomson Reuters Emerging Markets Extel Survey. The investment bank also said it recently initiated coverage of Vietnamese banks, 11 Egyptian small and mid-cap stocks and introduced economic analysis on frontier markets, including Pakistan and Kenya, bringing the total number of regional equities covered to over 170. EFG Hermes says it is accommodating growing interest in frontier markets given the “low interest rates in developed markets and slow growth in emerging markets, coupled with improving political and economic conditions in frontier markets.”

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