Artem Perminov

Over 5 years of investment research experience, CFA Level 3 candidate

Oct 2018 – present Equity Research Analyst atSberbank Asset Management Moscow, Russia

Member of the buy-side research team at the largest asset management firm in Russia

• Participated in establishment of a multi-stage equity investment process;
• Conducted due diligence on potential investment targets across global public equities with the focus on financial sector;
• Built complex financial and valuation models of companies under coverage; 
• Analyzed qualitative characteristics of businesses under coverage;
• Conducted calls, meeting and interviews with sell-side analysts, management of companies, industry experts; 
• Provided buy/sell/hold recommendations for portfolio managers;
• Automated routine processes using advanced Excel, VBA, and Bloomberg tools;
• Example stock recommendations and projects:
  • Created comprehensive Due Diligence checklist to create full investment profile of target companies. Covered issues include industrial organization, company’s business model and strategy, management, financial irregularities and other; 
  • “Buy” recommendation for US large-cap credit card bank amid massive sell-off in March 2020 as an out of consensus bet on significantly lower unemployment effect on loan loss provisions vs. historical experience based on proprietary analysis, >80% return over the benchmark;
  • “Buy” recommendation for UK bank on based identification of excess capital, bet on faster increase of interest rates and lower loss provisions after the pandemic, >35% absolute return over 1 year and 5 months period;
  • “Buy” recommendation for US global creditrating agency (October2020), based on competitive market and businessmodel analysis and DCF valuation(active recommendation);
  • Created proprietary tool for automated financial analysis of US Banks using FR Y-9C forms filed to the Fed;

I have been working as a member of the buy-side investment team in Russia's2018 Top-3 Asset Management, managing$1 bn Parvest Equity Russia Fund onbehalf of BNP Paribas Asset Management

• Contributed to researchprojects:
  • Built financial modelsof companies from metals and mining, utilities,and consumer sectors;
  • Performed several in-house researchprojects on macroeconomics, Russian banking sector, broad equity market, results were published as research papers for internal and external clients;
• Communicated with fund investors(large foreign institutional investors), updating them about stocks under coverageand macroeconomic/market news;
• Automated fixed income and equity portfolio reporting process using advanced VBA tools havingcut reporting time cost significantly;
• Supported investment marketing, contributed to the preparation of pitches and presentations for current and potential international clients and for business development purposes;

EDUCATIONAL BACKGROUND

2007 – 2012 Master’s degree in IT with honors from Military Aerospace Academy, GPA: 4.8 out of 5.0;