Peter Elam Håkansson
The Pioneer
The frontier and an appetite for the unknown, goes first.
Peter Elam Håkansson exemplifies The Pioneer archetype, having committed to Eastern European and emerging markets in 1997 when most Western capital was looking elsewhere.
“And I mean, when you're traveling around the old countries of Soviet Union, I think there are two countries that really stand out for the food, and that's Uzbekistan and Georgia. But Georgia, I guess, is more famous these days.”
“And if you look to Europe, I think it would be Poland. And of course, now I'm thinking about that. Are there any candidates that might fall out of the bottom and go down into the frontier cohort? Well, that's a good question. And because you never know.”
“I went to a wedding of a good friend who married a Russian lady. And before we move away from that area, you'd had and you'd written about it in an article that I enjoyed reading, this affiliation through your family with Estonia. Just give us a little sense of that history. Well, that's about 100 years ago.”
“You have problems sometimes with currency control and to be able to withdraw your currency. And you also have the problems with less developed corporate governance. So you have to be a bit more careful. You have to be maybe even more The ground and closest to the companies. But it's good.”
Money Maze Podcast: “Emerging and Frontier Markets: Cyclical Bounce or the Beginning of a Secular Advance? A discussion with Peter Elam Håkansson, CEO and Founder of East Capital.”
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