Goldman Sachs Group Inc. is advising clients to avoid delaying investment decisions for Russia until it becomes clear who will be the next president in elections in March.
“There’s not a lot of wisdom to wait,” said Christopher Barter, co-chief executive officer for Goldman’s Russia unit, at a conference in St. Petersburg today. “Our advice to clients who think there could be a dramatic change is not to wait. The opportunities are enormous and valuations are very attractive.”
