With all eyes on Europe, we're missing the Russian parade

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Investors, preoccupied with problems in the eurozone, are under-appreciating Russia's new investment landscape where things are hotting up, writes BlackRock's David Reid.

Russian prime minister Putin’s announcement that he was seeking a return to the Presidency left many political observers with a sense of deja vu. They would be forgiven for thinking that it was business as usual in a country where reform is popularly perceived to have gradually frozen over in recent years. But those observers who follow the economy have started to recognise that business in Russia is steadily becoming less ‘usual’ and in fact an emerging driver of the reform that is so important to galvanising the economy. The signs of this openness to foreign investment are not hard ...

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