A new dawn for emerging Europe?

Investing in emerging Europe is attractive for a number of reasons. The region, particularly Russia, has vast natural resources, while industries such as consumer finance, telecommunications, healthcare and retail still have – relative to developed markets – low levels of market penetration. Governments in the region are also pursuing more credible economic policies which can make them more attractive to investors over the longer term. However, there are some risks which investors should be aware of. Political instability, poor corporate governance, currency instability, corruption and o...