Commodities boom sees Russia excel

And the firm says the nation’s buoyant economy has prompted it to register its Russia fund in the UK. Barings says the commodity boom has also benefited a rising consumer sector. Dr Ghadir Abu Leil-Cooper, manager of the Baring Russia fund, says: “Russia’s status as a major producer of commodities has made it an integral part of the global economy. “As well as oil and gas, Russia is a significant supplier of other industrial commodities such as nickel, copper, palladium and iron ore, all of which are helping to satisfy at least some of the Chinese commodity demand. “Strong global de...