Ted Ferguson on political risk
From Moelis Says `Business as Usual' in Most of Middle East · · Bloomberg Originals
“If you make the assumption that the ruling party that takes over is what businessmen are hoping in their heart and if that happens, possibly that's good. The right answer right now is to wait and see because things can go either way; regimes that come into place may not be as good as that outcome and we don't know yet.”
On , Ted Ferguson, MD of New York & Chief Information Officer at MOELIS & CO, spoke about political risk during Moelis Says `Business as Usual' in Most of Middle East on Bloomberg Originals.
About Ted Ferguson
Ted Ferguson, Managing Director and Chief Information Officer at Moelis, was quoted in a September 2012 Bloomberg interview discussing the firm's perspective on Middle East business conditions and broader M&A trends. Ferguson stated that most of the Middle East region was "doing business as usual" and that the political situation in Egypt was being treated as an "Egypt specific event" by regional economies. He advised that corporations considering strategic acquisitions in Egypt should "wait for more information" due to uncertainty about the outcome of regime changes. Ferguson also commented on the M&A outlook, predicting a "good year" for dealmaking but not a "blockbuster" compared to 2006-2007, noting that while buyers are strong, sellers lack incentive to sell at current prices due to strong recovery in margins and growth. He identified commodities and energy as the sector most likely to consolidate, describing it as a "major trend" rolling through the globe. Ferguson emphasized that Moelis was building a "global information-capable network" to serve clients worldwide, with offices in Hong Kong, Sydney, Dubai, and London.