Russian reforms show promise

Professional Adviser
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While still generally mistrusted by the international investment community, fund managers are keeping...

While still generally mistrusted by the international investment community, fund managers are keeping an interested eye on Russia as it goes through a period of widespread reform. Ostensibly hardline and reactionary, Vladimir Putin's government has flashed its capitalist credentials, with a significant section of the cabinet comprising liberal economists. Putin's strict fiscal policy and tax reforms, combined with a broad economic recovery, have ensured that internal investment is booming. One of the most impressive feats, according to analysts as Brunswick Capital Management, is the fact ...

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