Jason Hepner, investment director, global strategy at Standard Life Investments, explains why now may be a good time to buy Russian equities.
In a global economy fraught with risks, many investors are presently weighing up the potential returns of the Russian equity market As one of the four pre-eminent global emerging market (GEM) countries that comprise the BRICs group, it is important for investment professionals to keep on top of developments in Russia. Emerging markets already comprise more than half of global GDP in purchasing power parity adjusted terms. Russia is very much a key driver of GEM, not least because it is one of the key suppliers of energy to neighbouring China and Europe, underscoring Russia’s importanc...
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