Economics & Strategy – Emerging-Europe Equity Strategy: Second

After two years in the runner-up position, Alexander Redman’s two-person team at Credit Suisse jumps to second place. It’s been a rocky few months for Russian equities — the benchmark Russian Trading System Index tumbled 12.8 percent year-to-date through May — but the strategists remain upbeat and urge clients to overweight those names. China’s property-development market is proving resilient, and that’s “a positive for Russian miners,” notes Redman, who also heads equity strategy squads that claim a runner-up position in CEEMEA and third place in Turkey. Plus, volatility of global crude oil prices has eased. Among the stocks the London-based duo expects to outperform are Lukoil Oil Co., food retailer Magnit, online services provider Mail.ru Group and mining concern Norilsk Nickel. “Their writing style is logical, and their arguments are always easy to follow and comprehensive,” marvels one investor. — Paul Sweeney