Insights

Articles, interviews and commentary from our founders on capital markets, investment structures and financial regulation.

01 Practical guides02 Market analysis03 Interviews & press
01 / Practical guides

Guides for families and entrepreneurs

02 / Market analysis

Analysis from Caietul de Capital

Articles by our founders on market structure, investment flows and the decisions behind capital allocation. Published in Romanian in Caietul de Capital.

Alexandru Elian and Charles Elian · · Caietul de Capital

It was never about the index

The distinction between index performance and the strength of a stock exchange, including liquidity and market infrastructure.

Read article in Romanian
Charles Elian · · Caietul de Capital

No counterparty

How institutional holdings, investment flows and the shares available for trading affect pricing at the Bucharest Stock Exchange.

Read article in Romanian
Charles Elian · · Caietul de Capital

The middle rating

How sovereign ratings influence bond-index eligibility and the constraints facing institutional investors.

Read article in Romanian
03 / In conversation

Interviews & press

Selected interviews and press coverage featuring our founders.

Alexandru Elian · Next Invest ·

Drone and defence stocks: opportunity or valuation trap?

Alexandru Elian on defence spending, drone stocks and the gap between growing order books and shareholder returns. A discussion of valuations, production capacity and portfolio risk. Interview in Romanian.

Watch on YouTube
Alexandru Elian · Next Invest ·

Beyond AI: memory chips, energy and defence

Alexandru Elian discusses how markets value companies around artificial intelligence, with a focus on memory chips, energy infrastructure and defence. Interview in Romanian.

Watch on YouTube
Charles Elian · Keep Cool & Trade On, Aleph Business · Episode: 11 May 2026

A practitioner's view of European capital markets

Charles Elian joins host Rares Gabriel on Aleph Business's “Keep Cool & Trade On” for a conversation on working as an active professional across Europe's capital markets. Interview in Romanian.

Watch on Aleph Business
Alexandru Elian (Exante) · Ziarul Bursa · 30 November 2024

"It will be much harder for us if private capital leaves and rates rise"

On Romanian capital markets in a higher-rate environment, and what capital flight would mean for retail and institutional investors.

Read on Bursa.ro
Alexandru Elian (Blue Rock Financial Services) · Ziarul Bursa · 23 August 2019

"I do not believe the BVB will succeed as an independent exchange"

A blunt take on the Bucharest Stock Exchange's structural problems, and what it would take to run a credible independent Romanian market.

Read on Bursa.ro
Alexandru Elian (Blue Rock Financial Services) · Bursa Videoconference · 30 April 2020

The post-pandemic world: "the great winner of this pandemic is the environment"

Videoconference panel on portfolio positioning and the structural shifts emerging from the COVID-19 disruption.

Watch on Bursa.ro
Alexandru Elian (Delta Valori Mobiliare) · Ziarul Bursa · 15 July 2011

"The forex market is not regulated, Sibex is"

On the regulatory difference between unregulated forex venues and licensed exchanges, and why that difference matters before allocating capital.

Read on Bursa.ro
Alexandru Elian quoted · Ziarul Bursa · 15 April 2011

A new attempt to remove the Sibex leadership

Coverage of the governance battles at the Sibiu Stock Exchange, with commentary on board independence and shareholder rights.

Read on Bursa.ro
Charles Elian · Tokero Interview · Broadcast: 6 April 2026

On capital markets, fund structuring, and EU regulation

A long-form interview on institutional fund administration, cross-border structuring under MiFID II and AIFMD, and the practical side of building regulated investment vehicles in the EU.

Watch on YouTube

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