16 Nov 2010 | World

Emerging Markets - Revisiting the Russian Riddle 

Investment analyst Andrew Stobart uncovers some of the factors influencing Russia, its economy and people, showing that investing in Russia, though demanding, may nonetheless be a potentially rewarding experience.

Initially written for professional clients, we thought it would be worth sharing with our retail clients from an informative and educational point of view.

The views expressed in this article are those of the individual manager and should not be considered as advice or a recommendation to buy, sell or hold a particular investment.  They reflect personal opinion and should not be taken as statements of fact nor should any reliance be placed on them when making investment decisions.  

As with any stock market investment, there are no guarantees.  Ongoing market conditions and currency exchange rates will affect the value of an investment and any income from it.  Investors should be prepared to accept the risk they may not get back the full amount invested.

Emerging markets such as Russia are generally considered to be higher risk than the main international markets due to the likelihood of greater fluctuations in stock value.

You can download the full article here.

Author: Andrew Stobart
Andrew graduated BA in Economics from Cambridge University in 1987.  After three years working in London in investment banking, he joined Baillie Gifford as an investment analyst in 1991.