27 May 2018
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Morgan Stanley's VC triggers interest for Greek investments

17 July 17 - RE+D Magazine
Morgan Stanley's VC triggers interest for Greek investments

COMPANIES

Solum Property Solutions

Consultant - GREECE

IBI Group

Consultant - GREECE

ETAD.A.E.

Public entity - GREECE

Savills

Consultant - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
The present time offered a great opportunity to think about investing in Greece, said Morgan Stanley Vice Chairman of Wealth Management and Senior Client Advisor Carla Harris, in Greece to deliver a keynote speech for Linkage Greece, during an interview with the Athens-Macedonian News Agency on Friday.

 

"Any time you have had a country go through any type of recession and they have sort of found their way back to a recovery, it's a great time, I think, to be thinking about investing in the country," she said.

The current mood among investors, especially in the US, was "cautiously optimistic," Harris said, while adding that "it's a broad thing about the markets, not just about the Greek market."

Talking about her visit to Greece, she said it had been encouraging and inspiring: "I had the opportunity to meet with the Ambassador [Geoffrey Pyatt] yesterday and he was very bullish on recovery and made a great case for it. I've enjoyed all the people that I've met and also people have been quite optimistic, actually."

Asked if she had any tips to offer on what Greek businesses should focus on, Harris agreed that innovation "is the dominant competitive parameter for all companies around the globe."

"I do think that companies should be thinking about how to innovate not only today...[about] what that might look like five years from now, 10 years from now, what does the company look like in the eyes of millennial today and what it might look like as those millennials continue to evolve.

That is certainly an area that I think everybody should be thinking about, no matter what industry you are in," she said. Harris was in Athens at the invitation of Linkage Greece, which asked her to give a speech on "The Pearls of Leadership" to an audience of about 500 people at the Athens Concert Hall on Friday morning, recounting her experiences on Wall Street.

Harris, who is also a gospel recording artist and author, concluded her speech with a gospel song accompanied by the audience, as is her custom. In addition to her current role at Morgan Stanley, she was Chair of the Morgan Stanley Foundation from 2005 to 2014, she sits on the boards of several community organizations and was appointed to chair the National Women's Business Council by U.S. President Barack Obama in August 2013.

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