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ANDRE CAPPON, CBM GROUP FOUNDER: Stock exchanges in Central and Eastern Europe need to create their own class of assets
MIHAI GONGOROI (TRANSLATED BY COSMIN GHIDOVEANU) >Central and Eastern European stock markets need to create their own asset class to become more attractive to international investors and passive equity funds, said Andre Cappon, founder of the CBM advisory group in New York, USA.
He said the challenges of the region s markets are scale-related: they are generally small, less liquid markets with limited attractiveness for global investors. Cappon came up with a set of proposals for the exchanges interested in finding out what they can do to compete globally.
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