The Russian market has been rebounding on the back of a strengthening oil price but remains one of the cheapest emerging markets. The manager thinks the market could rise further from here. The economy is on an improving trend but, if President Trump eases sanctions, this could provide a significant tailwind.
09 Mar 2017
Russian recovery
JPMorgan Emerging Europe Middle East & Africa Securities PLC Shs GBP (JEMA:LON) | 0 0 0.7% | Mkt Cap: 48.9m
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Russian recovery
JPMorgan Emerging Europe Middle East & Africa Securities PLC Shs GBP (JEMA:LON) | 0 0 0.7% | Mkt Cap: 48.9m
- Published:
09 Mar 2017 -
Author:
Ed Marten -
Pages:
14
The Russian market has been rebounding on the back of a strengthening oil price but remains one of the cheapest emerging markets. The manager thinks the market could rise further from here. The economy is on an improving trend but, if President Trump eases sanctions, this could provide a significant tailwind.