VTB Capital Sweeps Institutional Investor Surveys in Russia Research, Sales, Trading

Troika Dialog Is No. 2; Deutsche Bank Is Highest-Ranked Non-Russian Bank


NEW YORK, NY--(Marketwire - May 31, 2012) - For a second straight year, portfolio managers credit VTB Capital with producing the best investment research on Russia. But the accolades don't end there. They also say its sales force outperforms all others when it comes to serving the needs of clients who invest in Russia and that its trading services are of a higher quality than its peers'.

Complete survey results can be found at www.institutionalinvestor.com.

This year, for the first time, Institutional Investor asked participants in the All-Russia Research Team survey not only to tell us which individuals provide the best company coverage and macroeconomic analysis, but also which firms have the most helpful sales teams and which offer the most valuable trading services. VTB Capital ranks first every time.

The upper echelon of the research ranking is a virtual repeat of last year's results, with VTB Capital again winning 14 total team positions to second-place Troika Dialog's 12. Deutsche Bank holds steady in third despite a loss of two positions, to seven; the German bank is the only firm among the top four to see a change in its team-position total. Renaissance Capital returns in fourth place, with five positions.

This pattern -- VTB Capital in first place, Troika in second, Deutsche Bank in third and RenCap in fourth -- is repeated across the three rankings: research, sales and trading services.

The 2012 All-Russia Research Team is based on responses from 465 buy-side analysts and money managers at some 315 asset management firms worldwide overseeing an estimated $200 billion in Russian equity and fixed-income assets. Roughly 83 percent of these buy-siders expressed their opinions on the top sales teams, and 67 percent weighed in on trading services.

For more information contact Alyssa Walker at awalker@iiresearchgroup.com or (212) 224-3677.

About Institutional Investor
Now entering its fifth decade, Institutional Investor has consistently distinguished itself among the world's foremost financial publications with groundbreaking journalism and incisive writing that provides essential intelligence for a global audience. In addition, Institutional Investor offers a host of proprietary research and rankings that serve as respected industry benchmarks. For more information visit www.institutionalinvestor.com.

Contact Information:

Contact:
Alyssa Walker
awalker@iiresearchgroup.com
(212) 224-3677