managers are starting to focus on Czech republic, hungary and russia but not poland
Funds investing in Eastern Europe are increasing weightings in Hungary, the Czech Republic and Russia, according to research by Forsyth Partners. Companies in the three have been restructuring and the macroeconomic conditions have been improving. Meanwhile, fund managers have reduced their weightings in Poland where interest rates and unemployment remain high. The CA-Funds Eastern Europe, managed by Benoit Parisot and Nicolas Picard, is overweight in Hungary and the Czech Republic. Parisot said these positions are a result of Crédit Agricole's stock-picking approach. According ...
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