Список проголосовавших за комментарий "жипи морганы за рашу в 2014<br/> "...OW Russia vs. MSCI EM EMEA<br/> We maintain our OW in Russia based on cheap<br/> valuations and positive EPS revisions. Russia<br/> outperformed EM in 2013 and our analysts note that<br/> Russian EPS forecasts were revised up by 4% and<br/> 0.6%, respectively, in 2013 and 2014 over 12 months.<br/> The main driver was positive revisions for the energy<br/> sector. Russia’s current account surplus remained<br/> insulated from the sell-off over tapering concerns. The<br/> extent of decline in the RUB in 2013 was less than most<br/> other EM currencies.<br/> From the valuation perspective, our Russian equity<br/> analysts expect the aggregate dividends to rise<br/> significantly as the market is maturing (partly on the<br/> policy improvement)...""